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AM Beauty Inc. is a calendar-year corporation. Its financial statements for the years 2026 and 2025 contained errors as follows: 2026 2025 Ending inventory

AM Beauty Inc. is a calendar-year corporation. Its financial statements for the years 2026 and 2025 contained errors as follows: 2026 2025 Ending inventory $12,000 overstated $25,000 overstated What will happen when AM Beauty ultimately corrects its physical inventory count? B I V T T I. E EN " 4 Oword(s)

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