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Mayaguez Corpration provides its officers with bonuses based on the net income. For 2017, the bonus es total $350,000 and are paid on Feb 15,

Mayaguez Corpration provides its officers with bonuses based on the net income. For 2017, the bonus es total $350,000 and are paid on Feb 15, 2018. Prepare Mayaguez's December 31, 2017, adjusting entry and the Feb 15, 2018 ,entry.

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