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Assuming Baker Makes the Change in the First Quarter of 2018

Question 49

Multiple Choice

Assuming Baker makes the change in the first quarter of 2018 and that $400,000 net income is earned during the second quarter, how much is reported as net income for the second quarter of 2018?


A) $400,000.
B) $405,200.
C) $427,950.
D) $894,850.
E) $905,200.

Correct Answer:

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