That is all just too funny. Thanks to Lee for obtaining the transcript and filling us in.
I almost fell off my chair when I saw this:
"There's expenses which -- okay," Ms. Herring began. "We won't call it retained earnings. We'll call it accumulated deficit."
LOL did she go to the same accounting school as Sherri?
I think Judge Murray had this mess figured out in minutes....but apparently some will need it all stapled to a two by four and smacked into their foreheads to figure it out.