Cullumber Company has a July 31 fiscal year end and uses a perpetual inventory system. The records of Cullumber Company show the following data: 2024 2023 2022 Income statement: Sales $340,000 $325.000 $340.000 Cost of goods sold 235.000 231,000 255.000 Operating expenses 74,000 74,000 74,000 Balance sheet: Merchandise inventory 52.000 46.000 35,000 After its July 31. 2024, year end, Cullumber discovered two errors: 1. At July 31, 2023, Cullumber had $10.000 of goods held on consignment at another company that were not included in the physical count. 2. In July 2023, Cullumber recorded a $15,000 inventory purchase on account that should have been recorded in August 2023. (a) Prepare corrected income statements for Cullumber for the years ended July 31, 2022, 2023, and 2024. CULLUMBER COMPANY Income Statement 2024 2023 2022 $ $ S S