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Effects of errors an financial statements For a recent yeac, the balance sheet for Costco Wholesale Corporation (C05T) reported acorued salaries and benefits (expenses) of

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Effects of errors an financial statements For a recent yeac, the balance sheet for Costco Wholesale Corporation (C05T) reported acorued salaries and benefits (expenses) of $4,090 milion. For the tarne veac Costco reported operating income of $6,708 minion. Assume that the adjusting entry for $4,090 million of accrued expenses was not recorded at the end of the current period. What would have been the operating income (loss) before income taves

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