If a group of inventory items costing $15,000 had been omitted from the year-end inventory count, what impact would the error have on the following inventory calculations? Indicate the effect (and amount) as either (a) none, (b) understated $______, or (c) overstated $______.

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Inventory Item Beginning Inventory Purchases Goods Available for Sale Ending Inventory Cost of Goods Sold None or amount? Understated or overstated?