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Business, 15.07.2020 23:01 mat1413

Simmons Corporation reports the following information: Correction of understatement of depreciation expense in prior years, net of tax $ 430,000 Dividends declared 320,000 Net income 1,000,000 Retained earnings, 1/1/17, as reported 2,000,000 Simmons should report retained earnings, 1/1/17, as adjusted at

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