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BE 9-15 Inventory error Lo9-7 In 2018, Winslow International,Inc.'s controller discovered that ending inventories for 2016 and 2017 were overstated by S200,000 and $500,000, respectively.

BE 9-15 Inventory error Lo9-7 In 2018, Winslow International,Inc.'s controller discovered that ending inventories for 2016 and 2017 were overstated by S200,000 and $500,000, respectively. Determine the effect of the errors on retained earnings at January 1, 2018S. (Ignore income taxes

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