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Analysis of the Impact of Adjustments on Financial Statements At the end of the first month of operations, the Omar Company's accountant prepared financial statements that showed the following amounts: In preparing the statements, the accountant overlooked the following items: a. Depreciation for the month. $4, 500 b. Service revenue earned but unbilled at month-end. 1, 700 c. Employee wages earned but unpaid at month-end. 450 Determine the correct amounts of assets, liabilities and stockholders' equity at month-end and net income for the month