Current Attempt Ih PPogress The net income per books of Elizabeth Brown Company was determined without knowledge of the errors indicated below. Net Income per Books Error in Ending Inventory Year 2015 $49,600 Overstated $2,960 2016 51,620 Overstated 9,840 2017 53,770 Understated 11,160 2018 55,650 No error 2019 57,720 Understated 2,100 2020 59,810 Overstated 8.420 Prepare a worksheet to show the adjusted net income figure for each of the 6 years after taking into account the inventory errors. Errors in Inventories Net Income Per Books Overstatement Jan. 1 Understatement Jan. 1 Overstatement Dec. 31 Year 2015 $49,600 $ Prepare a worksheet to show the adjusted net income figure for each of the 6 years after taking into account the inventory errors. Errors in Inventories Net Income Per Books Overstatement Jan. 1 Understatement Jan. 1 Overstatement Dec. 31 Year 2015 $49,600 $ $ 2016 51,620 2017 53,770 2018 55,650 2019 57,720 2020 59,810 e Textbook and Media Errors in Inventories jent Understatement Jan. 1 Overstatement Dec. 31 Understatement Dec. 31 Corrected Net Income $ e Textbook and Media Attempts: 0 of 3 used