-9- 2. Vadim Company reported net incomes for a three-year period as follows: 2019, $191,000; 2020, $199,000; 2021, $180,000. In reviewing the accounts in 2019 after the books for the prior year have been closed, you find that the following errors have been made in summarizing activities: 2019 2020 2021 Overstatement of ending Inventory $42,000 $51,000 $31,000 Understatement of accrued advertising expense 6,600 12,000 7,200 Instructions (a) Determine corrected net incomes for 2019, 2020, and 2021. (b) Give the entry to bring the books of the company up to date in 2022, assuming that the books have been closed for 2021. (7,3)