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The audit committee of Diamond reported that payments to walnut growers of about $20 million in August 2010 and about $60 million in August/September 2011

The audit committee of Diamond reported that payments to walnut growers of about $20

million in August 2010 and about $60 million in August/September 2011 were not booked

in the correct periods. Present the effect of correcting the grower accounting errors on the

comparative balance sheets and comparative statements of operations of Diamond. Provide

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