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(5 points) What effect would overstating 2022 's ending inventory by $46,000 have on 2022 's ending retained earnings? (A 13) RE will be overstated

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(5 points) What effect would overstating 2022 's ending inventory by $46,000 have on 2022 's ending retained earnings? (A 13) RE will be overstated by $46,000 RE will be understated by $46,000 No effect; the RE balance will be correct. We need more information to answer this

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