A $15,000 understatement of the current year's ending inventory was discovered after the financial statements for the year were prepared. How would that inventory error impact the current year's financial statements? 10 points Multiple Choice 00:39:35 Current assets were understated and net income was overstated Current assets were overstated and net income was understated. Current assets were understated and net income was understated Current assets were overstated and net income was overstated