Question: Submit Due to an error in computing depreciation expense, Crote Corporation understated accumulated depreciation by $46 million as of December 31, 2018. Crote has a

Submit Due to an error in computing depreciation expense, Crote Corporation understated accumulated depreciation by $46 million as of December 31, 2018. Crote has a tax rate of 40 %. Crote's retained earnings as of December 31, 2018, would be (Round million answer to 2 decimal places.): Multiple Choice Overstated by $46.00 million Understated by $2760 million Overstated by $2760 million. Understated by $46.00 million

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