An audit of the inventory records of Missouri Inc. identified a number of errors. These errors are summarized in Exhibit A below:

EXHIBIT A
Year	Net Income	Description
	Reported	of Error
2010	$120,000	Overstatement of ending inventory	$11,000
2011	$95,000	Understatement of ending inventory	$1,500
2012	$99,000	Understatement of ending inventory	$18,000
2013	$105,000	Overstatement of ending inventory	$20,000
2014	$120,000	Overstatement of ending inventory	$5,200

Instructions

As financial accountant for Missouri, you have been asked to calculate the corrected net income amounts for each of the five years based on the audit findings.