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Ivanhoe Company reports the following information: Correction of understatement of depreciation expense in prior years, net of tax Dividends declared Net income Retained earnings,
Ivanhoe Company reports the following information: Correction of understatement of depreciation expense in prior years, net of tax Dividends declared Net income Retained earnings, 1/1/17, as reported $ 1280000 962000 2800000 5960000 Ivanhoe should report retained earnings, 1/1/17, as adjusted at
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