Bramble Inc. reported total assets of $6395000 and net income of $500000 for the current year. Bramble determined that inventory was understated by $139000 at the beginning of the year and $59300 at the end of the year. Ignoring income taxes, what is the corrected amount for total assets and net income for the year? How do I calculate Net Income and total assets for the year. This is confusing to me.