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$ 5 6 6 , 8 0 0 instead of the correct amount of $ 5 8 3 , 8 0 0 . Enter all

$566,800 instead of the correct amount of $583,800.
Enter all amounts as positive numbers.
a. State the effect of the error on the December 31,20Y2, balance sheet of Missouri River Supply.
\table[[Balance Sheet Items,Understated/Overstated,Amount],[Merchandise Inventory,,],[Current Assets,,],[Total Assets,,],[Owner's Equity,,]]
b. State the effect of the error on the income statement of Missouri River Supply for the year ended December 31,20Y2.
\table[[Income Statement Items,Overstated/Understated,Amount],[Cost of Merchandise Sold,,$ Gross profit, net income B.
income statement item cost of merchandise sold, gross profit, net income
D. If uncorrected, what would be the effect of the error on the december 31,20Y3, balance sheet?
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