What is the formula

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For a recent period, the balance sheet for Save-A-Lot Corporation reported accrued expenses of $489,599. For the same period, Save-A-Lot reported income before income taxes of $159,120. Assume that the adjusting entry for $489,599 of accrued expenses was not recorded at the end of the current period. What would have been the income (loss) before income taxes?

What is the formula?

Reference no: EM132203510

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