Accounting

Take me to the text A company reported ending inventory of \$107,000 in Year 1. It was discovered in Year 2 that the correct value of the ending inventory was $101,000 for Year 1, and a correction was made. Complete the following table based on this information, Assume the company uses the perpetual inventory system. Do not enter dollar signs or commas in the input boxes Enter a negative sign as approprate for the Profitiloss) line item