Blossom Inc. is a calendar$-$year corporation. Its financial statements for the years ended $12/31/23$ and $12/31/24$ contained the

following errors:

Assume that the $2023$ errors were not corrected and that no errors occurred in $2022.$ By what amount will $2023$ income before

income taxes be overstated or understated?

$$106000$ overstatement

$$42000$ understatement

$$42000$ overstatement

$$106000$ understatement