At the end of 2020, Digit Consulting did NOT make the adjusting entry indicated below. Indicate the effect of the error on 2020 Net Income, Assets, Liabilities, and Owners Equity (on December 31, 2020). Please specify the dollar effect of the error. Use O for overstate, U for understate, and NE for no effect. Assume each error is independent of the others.

Error	Net Income	Assets	Liabilities	Owners Equity
Entry to record interest expense on a short-term note payable. The note as a balance of 80,000 and an annual interest rate of 6%, dated July 1. The interest is payable with the principal at maturity.