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Historical cost of Retained Earnings is $ 1 4 0 , 0 0 0 . Under the current cost - adjusted model, if the adjustment

Historical cost of Retained Earnings is $

140, 000 .

Under the current cost

-

adjusted model, if the adjustment ratio is

120 / 100

for retained earnings, what will be the P

-

-

Basis? $

_____________

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