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Current Attempt in Progress Metlock Watch Company reported the following income statement data for a two-year period. Metlock Watch uses a perpetual inventory system. The

Current Attempt in Progress Metlock Watch Company reported the following income statement data for a two-year period. Metlock Watch uses a perpetual inventory system. The inventory amounts on January 1,2023, and December 31, 2024, are correct. However, the ending inventory on December 31,2023 , was overstated by $6,480. Your answer is partially correct. Question 5 Accounting Multis Prepare correct income statements for 2023 and 2024. Question 6

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