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Assume income before warranty expense is $43,000 for both 2012 and 2013 and that total warranty expense over the 2-year period is $10,000. What is
Assume income before warranty expense is $43,000 for both 2012 and 2013 and that total warranty expense over the 2-year period is $10,000. What is the effect of the proposed accounting in 2012? In 2013? Please help me understand how the calculation is done for the
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