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View Policies Current Attempt in Progress Sandhill Ltd. is a calendar-year corporation. Its financial statements for the years 2023 and 2022 contained errors as follows:

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View Policies Current Attempt in Progress Sandhill Ltd. is a calendar-year corporation. Its financial statements for the years 2023 and 2022 contained errors as follows: Assume that the proper correcting entries were made at December 31, 2022. By how much will 2023 pre-tax income be overstated or understated? $5800 overstated $8600 overstated $2800 overstated $2800 understated

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