Listed below are a number of errors.Indicate the effect of each error on the reported net income for 20x1 and 20x2; use an "X" to respond. 
Definitions:
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Unprocessed and unanalyzed information, collected from experiments, surveys, or other sources, which has not yet been subjected to any cleaning or analysis.
Document
A written, drawn, presented, or memorialized representation of thought, often serving as evidence or information.
Latent Meanings
Hidden or underlying meanings not immediately obvious in words, actions, or symbols, requiring interpretation or deeper analysis to uncover.
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