Effect of omitting adjustments OBJ. 3 For the year ending August 31, 2016, Mammalia Medical Co. mistakenly omitted adjusting entries for (1) depreciation of $5,800, (2) fees earned that were not billed of $44,500, and

(3) accrued wages of $7,300. Indicate the combined effect of the errors on

(a) revenues,

(b) expenses, and

(c) net income for the year ended August 31, 2016.