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Current Attempt in Progress Tamarisk Corporation began operations on January 1 , 2 0 2 2 . During its first 3 years of operations, Tamarisk
Current Attempt in Progress
Tamarisk Corporation began operations on January During its first years of operations, Tamarisk reported net income and
declared dividends as follows:
The following information relates to
Income before income tax
$
Prior period adjustment: understatement of depreciation expense before taxes
$
Cumulative decrease in income from change in inventory methods before taxes
$
Dividends declared of this amount, $ will be paid on Jan.
$
Effective tax rate
a
Prepare a retained earnings statment
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