At Edger Company, events and transactions during 2020 included the following. The tax rate for all items is 30%: (1) Depreciation for 2018 was found to be understated by $160,000. (2) A strike by the employees of a supplier resulted in a current loss of $190,000. (3) The inventory at December 31, 2018 was overstated by $210,000. (4) A disposal of a component of the business resulted in a $2,110,000 loss. The effect of these events and transactions on 2020 net income, net of tax would be: Select one: a. ($1,722,000) b. ($1,477,000) c. ($1,806,000) d. ($1,610,000)