During the first month of its current fiscal year green co

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During the first month of its current fiscal year, Green Co. incurred repair costs of $22,000 on a machine that had 4 years of remaining depreciable life. The repair cost was inappropriately capitalized. Green Co. reported operating income of $159,000 for the current year. Assuming that Green Co. took a full year's straight-line depreciation expense in the current year, calculate the operating income that should have been reported for the current year

Reference no: EM13604677

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