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Antique Carpets' books show the following data. (Click the icon to view the income statements.) In early 2026, auditors found that the ending merchandise inventory

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Antique Carpets' books show the following data. (Click the icon to view the income statements.) In early 2026, auditors found that the ending merchandise inventory for 2023 was understated by $6,000 and that the ending merchandise inventory for 2025 was overstated by $7,000. The ending merchandise inventory at December 31 , 2024 , was correct. Read the requirements. Requirement 1. Prepare corrected income statements for the three years

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