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The income statement for Pruitt Company summarized for a four - year period shows the following: An audit revealed that in determining these amounts, the

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 $19,000. The
company uses a periodic inventory system.
Required:
Prepare the income statements to reflect the correct amounts, taking into consideration the inventory error.
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