10. Casillas, Inc. is a calendar-year corporation. Its financial statements for the years 2011 and 2010 contained errors as follows: Ending Inventory Depreciation Expense 2011 $3,000 overstated $2,000 understated 2010 $8,000 overstated $6,000 overstated Assume that the proper correcting entries were made at December 31, 2010. By how much will 2011 income before taxes be overstated or understated? a. $1,000 understated b. $1,000 overstated c. $2,000 overstated d. $5,000 overstated