41 counts af 31, 2016, Is understated by $70,000, and Inventory on December 31, 2017, Is 288,e80 270,800 1 For each key financial statement figure-(a, (b). (q, and (a) below-prepare a table to show the adjustments necessary to correct the reported amounts. Cost of must be Dr Relerences 4 that in making physikcal counts of 27e,e89 reported amounts