Condensed income statements for Monty Corporation are shown below for two years. 2021 2022 Sales $76,500 $91,800 Cost of Goods Sold 45,900 55,080 Gross Profit $30,600 $36,720 Operating Expense 15,300 15,300 Net Income $15,300 $21,420 Compute the corrected net income for 2021 and 2022 assuming that the inventory as of the end of 2021 was mistakenly understated by $7,140. 2021 2022 Corrected net income $