(Answered) 1 for a recent period the balance sheet for circuit city

Accounting

1. For a recent period, the balance sheet for Circuit City Stores, Inc., reported accrued expenses of $464,511,000. For the same period, Circuit City reported income before income taxes of $151,112,000. Assume that the accrued expenses apply to the current period and were not recorded at the end of the current period. What would have been the income (loss) before income taxes?

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