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points Save Are Marigold Company maintains its books and records on the cash basis but is required to restate its financial statements on the accrual

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points Save Are Marigold Company maintains its books and records on the cash basis but is required to restate its financial statements on the accrual basis. Marigold had cash basis expenses in 2019 of $150,000. During 2019, the flowing changes were noted in certain accruals and deferrals December 31, 2019 December 31, 2018 Prepaid expenses $15.000 $10,000 Accrued expense 25.000 5,000 In its income statement for 2019. how much will Marigold report as operating expenses on the accrual basis? $135.000 $165,000 $125.000 $175.000

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