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Solve the following problem using Python, implementing the functions described below, one line at a time
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Description:
 def read_local_config(cfg):
 """ Parses local config file for override values Args: :local_file (str):
 filename of local config file Returns: dict object of values contained in local config file """

    try:
        if os.path.exists(cfg):
            config = import_file_object(cfg)
            return config
        else:
            logger.warning(
                '%s: local config file (%s) not found, cannot be read' %
                (inspect.stack()[0][3], str(cfg)))
    except IOError as e:
        logger.warning(
            'import_file_object: %s error opening %s' % (str(e), str(cfg))
        )
    return {}