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$ 430,000 1,000,000 2,000,000 13. XY Corporation reports the following information: Correction of understatement of depreciation expense in prior years, net of tax Net income
$ 430,000 1,000,000 2,000,000 13. XY Corporation reports the following information: Correction of understatement of depreciation expense in prior years, net of tax Net income Retained earnings, 1/1/21, as reported XY should report retained earnings, 1/1/21, as adjusted at @ $1,570,000. b. $2,000,000. c. $2,430,000. d. $3,110,000. incomprehensive income
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