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Prepare a memo to the audit partner which describes the solution

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January 23rd, 2023

See attached file.

Your job will be to explain how we got to the answers. Use the starting point in the tables and go from there. Here is the Mt. Hood Furniture solution. Please use the same starting point. The task is to figure out how this was calculated. Write a memo based on the solution. Describe how you got to the solution. (memo to the Audit Partner, John Smith)

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