Test: Test 2-Chapters 5, 6, 7 and 8 This Question: 15 pts 17 of 20 (o complete) Generally Accepted Accounting Principles Assume Daoma and Blake, the accounting advises or the Boat Seafood that its snancial statements must be changed to conform to GAAP. At 31.2016, off the Boats accounts include the folowing: Click icon to view the acoounts the icon to view the additional information. 1. Restate off the Boat's aument acoounts to conform to GAP (chalenge) Determine on he Boat's comed netincome for 2016. (Challenge) Begin by selecting the accounts in order of liquidity or the order they appear in the original data. Then enter the amounts to conform to GAAP (Assume the order presented in the data provided isin order of liquidity) Choose from any list or enter any number in the input fields and then continue to the next question. MacBook Air