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Required information P7-6 (Algo) Analyzing and Interpreting the Effects of Inventory Errors LO7-5 [The following information applies to the questions displayed below] The income statement

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Required information P7-6 (Algo) Analyzing and Interpreting the Effects of Inventory Errors LO7-5 [The following information applies to the questions displayed below] The income statement for Pruitt Company summarized for a four-year period shows the following An audit revealed that in determining these amounts, the ending inventory for 2017 was overstated by $12,000. The company uses a periodic inventory system

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