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D Question 3 6 pts In Year 1, Ellis Ltd accidentally miscounted its inventory and overstated it by $4,000. The mistake was never detected
D Question 3 6 pts In Year 1, Ellis Ltd accidentally miscounted its inventory and overstated it by $4,000. The mistake was never detected by Ellis. In Year 2 the mistakenly overstated their ending inventory by $6,000. As in Year 1, this mistake was never detected by Ellis. In Year 1, net income will be [Select] In Year 2, net income will be [Select] [Select] In year 3, net income will be [Select] by $4,000. by by [Select]
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