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At Blossom Company, events and transactions during 2020 included the following. The tax rate for all items is 40%. (1) Depreciation for 2018 was found

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At Blossom Company, events and transactions during 2020 included the following. The tax rate for all items is 40%. (1) Depreciation for 2018 was found to be understated by $150500. (2) A strike by the employees of a supplier resulted in a loss of $124700 (3) The inventory at December 31, 2018 was overstated by $200400. The effect of these events and transactions on 2020 income from continuing operations net of tax would be ($285360) ($74820). ($210540). ($165120)

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