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If beginning inventory is understated by $1,300 and ending inventory is understated by $700, pretax profit for the period will be which of the following?

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If beginning inventory is understated by $1,300 and ending inventory is understated by $700, pretax profit for the period will be which of the following? Multiple Choice Understated by $600. Understated by $2.000 Overstated by S600 Overstated by $2.000

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