Dexter inc incorrectly over-counted their ending inventory
Problem
Dexter, Inc. incorrectly over-counted their ending inventory by $2000 and failed to record $3000 of depreciation expense on office machinery. By how much will Dexter's gross profit be overstated or understated?
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problemdexter inc incorrectly over-counted their ending inventory by 2000 and failed to record 3000 of depreciation
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