Question: Exercise 8 . 8 ( Algo ) Effects of Errors in Inventory Valuation ( LO 8 - 5 ) Branson Electric prepared the following condensed

Exercise 8.8(Algo) Effects of Errors in Inventory Valuation (LO 8-5)
Branson Electric prepared the following condensed income statements for two successive years.
\table[[,2021,2020],[Sales,$4,000,000,$3,950,000
Exercise 8.8(Algo) Effects of Errors in Inventory Valuation (LO 8-5) Branson

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