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Fallon Inc. is a calendar-year corporation. Its financial statements for the years 2017 and 2016 contained errors as follows: (LO 5) By how much will

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Fallon Inc. is a calendar-year corporation. Its financial statements for the years 2017 and 2016 contained errors as follows: (LO 5) By how much will 2017 income before taxes be overstated or understated? $18,000 overstated $18,000 understated $9,000 overstated $9,000 understated

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