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467.12. Errors in Inventory Count Bow Corp. ace assuming the periodic methe company's cost of $750. Assume that ending 2020 inventory is acidentally overstated is

467.12. Errors in Inventory Count Bow Corp. ace assuming the periodic methe company's cost of \$750. Assume that ending 2020 inventory is acidentally overstated is 20 thod. effect on Bow Corp.? a. 2019 net income is understated by $750. b. 2019 net income is overstated by $750. c. 2020 net income is understated by $750. d. Both b and c are correct

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