At December 31, 2024, Stevenson Company overstated ending inventory by $36,000. How does this error affect cost of goods sold and net income for 2024? A Understates cost of goods sold and overstates net income B. Overstates both cost of goods sold and net income C. Overstates cost of goods sold and understates net income OD. Leaves both cost of goods sold and net income correct because the errors cancel each other