Hardware Suppliers reports a net income of $165,000. Included in net income is gain on the sale of land $20,000. A com

[answerhappygod]

Hardware Suppliers reports a net income of $165,000.
Included in net income is gain on the sale of land $20,000. A
comparison of this year's and last year's balance sheets reveals an
increase in accounts receivable of $35,000, and increase in
inventory of $20,000, and a decrease in accounts payable of
$55,000.