Bramble Inc. reported total assets of $2405000 and net income of $331000 for the current...

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Accounting

image Bramble Inc. reported total assets of $2405000 and net income of $331000 for the current year. Bramble determined that inventory was overstated by $23500 at the beginning of the year (this was not corrected). What is the corrected amount for total assets and net income for the year? $2405000and$331000$2381500and$307500$2428500and$354500$2405000and$354500

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