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Cesar Company understated its inventory by $20,000 at December 31, 2020. It did not correct the error in 2020 or 2021. As a result, Cesar's

Cesar Company understated its inventory by $20,000 at December 31, 2020. It did not correct the error in 2020 or 2021. As a result, Cesar's owner's equity was:

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