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Due to an error In computing depreclation expense, Crote Corporation understated accumulated depreclation by $68 million as of December 31, 2024. Crote has a tax
Due to an error In computing depreclation expense, Crote Corporation understated accumulated depreclation by $68 million as of December 31, 2024. Crote has a tax rate of 30\%. Crote's retalned earnings as of December 31, 2024, would be: Note: Round million answer to 2 decimal places. Multiple Cholce overstated by $47.60 million. understated by $47.60 million. Overstated by $69.00 million. understated by $69.00 million
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