Bonita Inc. reported total assets of $6398000 and net income of $507000 for the current year. Bonita determined that inventory was understated by $138000 at the beginning of the year and $58000 at the end of the year. Ignoring income taxes, what is the corrected amount for total assets and net income for the year?

$6340000 and $587000.

$6456000 and $565000.

$6456000 and $427000.

$6398000 and $507000.