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Triangle Co.'s auditors found several accounts missing from the company's financial statements: notes payable of $16,781,000 (due in 2 years); prepaid insurance of $1,104,000; income

Triangle Co.'s auditors found several accounts missing from the company's financial statements: notes payable of $16,781,000 (due in 2 years); prepaid insurance of $1,104,000; income tax payable of $7,507,000; and allowance for bad debt of $3,974,000. What effect will adding these items have on the current liabilities section of Triangle Co.'s 2022 balance sheet a) The section total will decrease by $5,078,000 b) The section total will increase by $7,507,000 c) The section total will increase by $21,418,000 d) The section total will decrease by $2,870,000

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