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can you show me the income statement of the two problems combined? 91. At Ruth Company, events and transactions during 2019 included the following. The

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can you show me the income statement of the two problems combined?
91. At Ruth Company, events and transactions during 2019 included the following. The tax rate for all items is 30%. (1) Depreciation for 2017 was found to be understated by 645,000 . (2) A litigation settlement resulted in a loss of 637,500 . (3) The inventory at December 31, 2017 was overstated by 660,000 . (4) The company disposed of its recreational division at a loss of 750,000. The effect of these events and transactions on 2019 income from continuing operations net of tax would be a. 26,250. b. 657,750 . c. 99,750. d. 6624,750 . 92. Al Ruth Company, events and transactions during 2019 included the following. The tax rate for all hems is 30%. (1) Depreciation for 2017 was found to be understated by 645,000 . (2) A litigation settement resulted in a loss of 637,500 (3) The inventory at December 31, 2017 was overstated by 60,000. (4) The company disposed of its recreational division at a loss of 750,000. The effect of these events and transactions on 2019 net income net of tax would be a. 26,250. b. 551,250. c. 582,750. d. 6624,750

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