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Easton, Inc. neglected to record the amortization of its intangible asset, a patent. Compare the companys net earnings without this amortization (X) and the company
Easton, Inc. neglected to record the amortization of its intangible asset, a patent. Compare the companys net earnings without this amortization (X) and the company net earnings with such amortization (Y).
a. X equals Y.
b. X is greater than Y.
c. X is less than Y.
d. The answer cannot be determined from the information given.
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