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E 7 - 1 4 ( Algo ) Analyzing and Interpreting the Impact of an Inventory Error LO 7 - 5 Griffin Corporation prepared the

E7-14(Algo) Analyzing and Interpreting the Impact of an Inventory Error LO7-5
Griffin Corporation prepared the following two Income statements (sImplified for illustratlve purposes):
\table[[,ifinst,Quiarter,Second,Quarter],[Sales revenue,,18,200,,$23,700
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