Lee Sisters reports income before income taxes of $20,000 during 2014.If beginning inventory was understated by $6,000 and ending inventory was overstated by $2,400,calculate corrected income before income taxes for the year.(Show your work. )

Question

Quizplus · Accepted Answer

The Answer of Lee Sisters reports income before income taxes of $20,000 during 2014.If beginning inventory was understated by $6,000 and ending inventory was overstated by $2,400,calculate corrected income before income taxes for the year.(Show your work. )

Lee Sisters Reports Income Before Income Taxes of $20,000 During