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    Intermediate Accounting Study Set 9
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    Exam 4: Income Statement and Related Information
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    Leonard Corporation Reports the Following Information:Correction of Overstatement of Depreciation
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Leonard Corporation Reports the Following Information:Correction of Overstatement of Depreciation

Question 111

Question 111

Multiple Choice

Leonard Corporation reports the following information:Correction of overstatement of depreciation expense Leonard Corporation reports the following information:Correction of overstatement of depreciation expense   Leonard should report retained earnings, 12/31/14, at A)  $3,570,000. B)  $4,250,000. C)  $4,680,000. D)  $5,110,000. Leonard should report retained earnings, 12/31/14, at


A) $3,570,000.
B) $4,250,000.
C) $4,680,000.
D) $5,110,000.

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