Concord Supply Company reports net income of $153,600 in 2023 . The ending inventory did not include goods valued at $11,520 that Concord Supply had consigned to Staples. (For question answer please scroll far right) What impact will this error have on the income statement for 2023 ? If ending inventory is by $ , cost of goods sold will be and net income v (2) What is the correct net income for 2023? The correct net income is \$ (3) What impact will this error have on the balance sheet at December 31, 2023? On the balance sheet, both inventory and retained earnings will be by $ Current Attempt in Progress Concord Supply Company reports net income of $153,600 in 2023 . The ending inventory did not include goods valued at $11,520 that Concord Supply had consigned to Staples. (For question answer please scroll far right) for 2023? , cost of goods sold will be and net income will be by $