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Coronado Inc reported total assets of 2400000 and net income of 337000 for the current year Coronado determined that inventory was overstated by 22500 at

Coronado Inc reported total assets of 2400000 and net income of 337000 for the current year Coronado determined that inventory was overstated by 22500 at the beginning of the year (this was not corrected) what is the corrected amount for total assets and net income for the year 2400000 and 337000 2422500 and 359500 2400000 and 359500 2377500 and 314500

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