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2026 was overstated by $7,000. The ending merchandise inventory at December 31,2025 , was correct. Read the requirements. Requirement 1. Prepare corrected income statements for

2026 was overstated by $7,000. The ending merchandise inventory at December 31,2025 , was correct. Read the requirements. Requirement 1. Prepare corrected income statements for the three years. Income Statement

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