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Business, 08.04.2020 02:11 ophanteen

Due to an error in computing depreciation expense, Prewitt Corporation overstated accumulated depreciation by $20 million as of December 31, 2021. Prewitt has a tax rate of 30%. Prewitt's retained earnings as of December 31, 2021, would be:

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Due to an error in computing depreciation expense, Prewitt Corporation overstated accumulated deprec...
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