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Suppose the 2 0 2 0 contractual discounts and allowance balance reported above the understated by $ 5 0 , 0 0 0 . In

Suppose the 2020 contractual discounts and allowance balance reported above the understated by $50,000. In other words, the correct balance should be $300,000. Assuming a 30 percent income tax rate, what would be the effect of the misstatement on Integrated Physicians & Associates2020 reported

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