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Question 1 7 of 2 2 View Policies Current Attempt in Progress Pharoah Inc. is a calendar - year corporation. Its financial statements for the

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Pharoah Inc. is a calendar-year corporation. Its financial statements for the years 2023 and 2022 contained errors as follows:
\table[[,2023,2022],[Ending inventory,$8900 overstated,$18900 overstated],[Depreciation expense,$4400 understated,$12400 overstated]]
Assume that the proper correcting entries were made at December 31,2022. By how much will 2023 income before taxes be overstated or understated?
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