-/2.5 View Policies Current Attempt in Progress Bonita, Inc. is a calendar-year corporation. Its financial statements for the years 2021 and 2020 contained errors as follows: 2021 Ending inventory Depreciation expense $8500 overstated $5700 understated 2020 $24000 overstated $17000 overstated Assume that no correcting entries were made at December 31, 2020. Ignoring income taxes, by how much will retained earnings at December 31, 2021 be overstated or understated? $ 2800 understated $26800 understated $22580 understated $22580 overstated