Question 34 of 50 -14 View Policies Current Attempt in Progress At Sheridan Company, events and transactions during 2020 included the following. The tax rate for all items is 30% (1) Depreciation for 2018 was found to beunderstated by $149500, (21A strike by the employees of a supplier resulted in a loss of $124900. (3) The inventory at December 31, 2018 was overstated by $199000 The effect of these events and transactions on 2020 income from continuing operations net of tax would be 15243950). 1587430) (53313801 (51920801. Attempts: Oof 1 used Subot An 3 Fo FB 79 30 F10 F11 F12 Home 3 % 5 4 & 7 6 C 9 8 E R T Y U D F G I J K L V B N M