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Giseppe Tile & Marble Corporation Income Statements 2n2021 and 2020 Giseppe Tile & Marble Corporation reported the following comparative income statements for the years ended

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Giseppe Tile \& Marble Corporation Income Statements 2n2021 and 2020 Giseppe Tile \& Marble Corporation reported the following comparative income statements for the years ended November 30,2021 , and 2020: (Click the icon to view the comparative income statement.) Giseppe's president and shareholders are thrilled by the company's boost in sales and net income during 2021 . Then the accountants for the company discover that ending 2020 inventory was understated by $9,500

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