An audit of the inventory records of Missouri Inc. identified a number of errors. These errors are summarized in Exhibit A below:e EXHIBIT A~ Net Years Income Description Reported of Error 2016 $96,000 Understatement of ending inventory $8,800 t. 2017 $76,000 Overstatement of ending inventory $1,200 2018 $79,200 Overstatement of ending inventory $14,400 2019 $84,000 Understatement of ending inventory $16,000 2020 $96,000 Overstatement of ending inventory $4,160