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Crane Supply Company reports net income of $98,400 in 2020. The ending inventory did not include goods valued at $7,380 that Crane had consigned to

Crane Supply Company reports net income of $98,400 in 2020. The ending inventory did not include goods valued at $7,380 that Crane had consigned to Eli's Gift Shop. (a) Your answer is correct. What is the correct net income for 2020? Correct net income $ 105780 Attempts: 1 of 1 used (b) What impact will this error have on the balance sheet at 12/31/20? On the balance sheet, will be v by $

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