ABC Co. has the following information relating to some errors that were discovered regarding their income statement in 2013 and 2014:

	Ending Inventory	Depreciation Expense
2013	$3,000 overstated	$1,000 understated
2014	$2,000 understated	$4,000 overstated

ABC Co reported a net income of $95,000 in 2013 and $90,000 in 2014. Assume that no corrections were made and ignore income taxes.

1) Calculate the corrected net income for 2013 and 2014. Please show all calculations. Thank you.