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What is redfern corrected pre-tax income

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Reference no: EM132666198

Problem 1: For calendar 2019, Redfern Corporation reported pre-tax income of $275,000. You have been made aware that the company's beginning inventory was overstated by $15,000 and ending inventory was understated by $10,000. What is Redfern's corrected pre-tax income for 2019?

Reference no: EM132666198

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