answer plz...

8. The accountant for a small company prepared an income statement that showed a net income figure of $38525. The company's bank requested an audit of this statement. The errors described below and on the next page were found by the auditor who checked the books and records. - The $4200 cost of new equipment had been charged to Repair Expense instead of to Equipment. Depreciation on this equipment is for a full year at Canada Revenue Agency's prescribed rate of 20% using the decliningbalance method. - A $100 credit to Purchases Returns and Allowances was incorrectly credited to Sales Returns and Allowances. - Repairs to Automobiles was incorrectly overstated by the amount of $1500. - No adjusting entry for supplies was made. The ledger showed a balance for supplies of $2850; the supplies counted at the year-end amounted to $840. - The ending inventory figure used by the company accountant was $32650, but there were a number of errors made in arriving at that figure. The auditor revised the ending inventory figure to be \$29 350