Zagat inc. is a calendar-year corporation. its financial statements for the years 2017 and 2016 contained errors as follows: 2017 2016 ending inventory $9,000 overstated $18,000 overstated depreciation expense $6,000 understated $13,500 overstated assume that the proper correcting entries were made at december 31, 2016. by how much will 2017 income before taxes be overstated or understated? entry field with incorrect answer
a. $3,000 understated
b. $10,500 overstated
c. $15,000 overstated
d. $7,500 overstated

lots of credit card rewards

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.