For the year ending June 30, 2008, Ambulatory Medical Services Co. mistakenly omitted adjusting entries for (1) \(\$ 1,034\) of supplies that were used, (2) unearned revenue of \(\$ 6,481\) that was earned, and (3) insurance of \(\$ 7,500\) that expired. Indicate the combined effect of the errors on

(a) revenues,

(b) expenses, and

(c) net income for the year ended June 30, 2008.

obj. 3