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Business, 26.11.2019 00:31 MorgannJ

At ruth company, events and transactions during 2017 included the following. the tax rate for all items is 30%. (1) depreciation for 2015 was found to be understated by $120,000. (2) a strike by the employees of a supplier resulted in a loss of $100,000. (3) the inventory at december 31, 2015 was overstated by $160,000. (4) a disposal of a component of the business resulted in a $2,000,000 loss. the effect of these events and transactions on 2017 net income net of tax would

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