Question: In its 2011 income statement, what amount should Warren report as the cumulative effect of this change? a. $120,000 b. $ 84,000 c. $ 36,000

In its 2011 income statement, what amount should Warren report as the cumulative effect of this change?

a. $120,000

b. $ 84,000

c. $ 36,000

d. $0

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