O WORDS POWERED BY TINY QUESTION 30 2 points Presented below is a part of the financial audit report of Tabarak Corporation The company has included in property and debt in the accompanying balance sheet certain lease obligations that, in our opinion, should be expensed in order to conform to generally accepted accounting principles. If these lease obligations were capitalized property would be decreased by $1,000,000, long term debt by $2.000.000, and retained earnings by Si80,000 as of December 31, 2019, and net income and eamings per share would be decreased by $190.000 and 5.62, tespectively, for the year then ended In our opinion, except for the effects of capitalizing lease obligations, as discussed in the preceding paragraph, the financial statements referred to above present fairly. in all material respects the financial position of Tamarak Corporation as of December 31, 2019, and the results of its operations and its cash flows for the year then ended in conformity with Laws and regulations KPMG Tarek Elshazly March, 21, 2020 Required 1- Is the report date, March 21, 2020, the end date of field work or the date of preparing the audit report? Justify your answer 2. Based on the above explanatory paragraph. is the report a Scope limitation or a departure from GAAP qualified audit report? Justify your answer. For the toolbar.press ALT+F10 (PC) or ALT+FN+F10 (Mac), T 1 Cose Save and Sub Click Save and Submit to save and submit Chick Save All Amers to small and hp