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Business, 17.04.2020 22:22 juli8350

Wilmington Company reported pretax income of $25,000 during 2018 and $30,000 during 2019. Later it was discovered that the ending inventory for 2010 was understated by $2,000 (and not corrected in 2018). What is the correct pretax income for each year?

2013 2014
A. $23,000 $32,000
B. $27,000 $32,000
C. $27,000 $28,000
D. $23,000 $28,000

a. Option A
b. Option B
c. Option C
d. Option D

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Answers: 2

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Wilmington Company reported pretax income of $25,000 during 2018 and $30,000 during 2019. Later it w...
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