Question: In 2 0 2 4 , due to a change in marketing forecasts, Barney Corporation reduced the projected life of its patent for producing round

2024,

due to a change in marketing forecasts, Barney Corporation reduced the projected life of its patent for producing round dice. The cumulative patent amortization prior to

2024

would have been $

17

million higher had the new life been used. Barney's tax rate is

25 % .

Barney's retained earnings as of December

31, 2024,

would be ?

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