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READ ALL THE DIRECTIONS IN THE EXAM MODULE BEFORE STARTING. **YOU MUST SHOW ALL CALCULATIONS, FORMULAS ETC. OR NO CREDIT GIVEN** 1.

READ ALL THE DIRECTIONS IN THE EXAM MODULE BEFORE STARTING.**YOU MUST SHOW ALL CALCULATIONS, FORMULAS ETC. OR NO CREDIT GIVEN** 1. The following information was taken from the balance sheet of HermanCorporation on December 31, 2009:

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