What was actual net income before income taxes

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Reference no: EM131223178

Baker Inc. inappropriately capitalized $5 million of selling costs into ending inventory last year. On its income statement, the company reported net income before income taxes of $3.5 million. What was Baker's actual net income before income taxes? A) $8.5 million; B) None of these answers in correct; C) $3.5 million; D) $1.5 million loss

Reference no: EM131223178

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