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Presented below wre the comparative income statements for Watson industries for the years 2023 and 2024 , pric to the infommation provided in the buileted
Presented below wre the comparative income statements for Watson industries for the years 2023 and 2024 , pric to the infommation provided in the buileted liat below. Asuurne no taves eval - The compary dacorered that assets costing 5 iso,000 pirchased at the beginning. of 2003 had bren depreciactd strought fine as thouph thrir useful afe wor five yeun, when if war known the life was actuoily thee yean - Toe compary ducovered that the ending inwntay for zouz wes underitatnd by 513.000 - Prepaid expenter of 54000 whre omitted in 2023. in the revised financial statements the 2023 Net income would be: Select onth. a. 557.000 b. 53,000 c. $17.000 d $21.000
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