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Bramble Inc. reported total assets of $2395000 and net income of $321000 for the current year. Bramble determined that inventory was overstated by $25000 at
Bramble Inc. reported total assets of $2395000 and net income of $321000 for the current year. Bramble determined that inventory was overstated by $25000 at the beginning of the year (this was not corrected). What is the corrected amount for total assets and net income for the year? $2420000and$346000$2395000and$346000$2370000and$296000$2395000and$321000
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