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Civet Company reported pretax income amounts of 2011, $26,000; and 2012, $28,000. Later it was discovered that the ending inventory for 2011 was overstated by

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Civet Company reported pretax income amounts of 2011, $26,000; and 2012, $28,000. Later it was discovered that the ending inventory for 2011 was overstated by $2,000 (and not corrected in 2012). The correct pretax income for each year was Multiple Choice None of the other alternatives are correct $22.000 and $30,000 $28,000 and $24,000 $22.000 and $24,000 $24,000 and $30,000

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