29. Assume that the following current asset and current liability accounts apply to the James Company for the years 2023 and 2024 (note: the ??? in the table is a figure that you must determine).
2023 2024
Cash 1,900 1,600
Accounts receivable 5,000 5,800
Inventory 7,800 ???
Notes payable 500 800
Accounts payable 2,200 1,600
Accruals 400 200
These are the only current asset and current liability accounts listed on the company's balance sheet. In 2024, James Company had net cash flow from operating activities of $400. If James Company reported net income in 2023 of $1300, net income in 2024 of $1500, depreciation expense in 2023 of $100, depreciation expense in 2024 of $300, paid a common stock dividend in 2023 of $100, and paid a common stock dividend in 2024 of $300, what is ??? in the table above? For this question, record your answer as whole dollar amount (i.e., no cents).
