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In 2019, Coffee & Cream Co reported net income of $245,000. You have been made aware that the company's beginning inventory was overstated by $12,000

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In 2019, Coffee & Cream Co reported net income of $245,000. You have been made aware that the company's beginning inventory was overstated by $12,000 and it's ending inventory was understated by $11,000. What is Coffee & Cream's corrected net income for 2019? O $268,000 O $222,000 $244,000 O $246,000

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