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Condensed income statements for Angela Corporation are shown below for two years. 2021 2022 Sales $79.500 $95.400 Cost of Goods Sold 47,700 57.240 Gros Proht

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Condensed income statements for Angela Corporation are shown below for two years. 2021 2022 Sales $79.500 $95.400 Cost of Goods Sold 47,700 57.240 Gros Proht $ 31,800 $38.160 Operating Expense 15.900 15.900 Net Income $15.900 $22.260 Compute the corrected net income for 2021 and 2022 assuming that the inventory at the end of 2021 was mistakenly overstated by $ 5300 2021 2022 Corrected net income 5

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