DuPlessis Corporation incorrectly recorded $22,100 of goods held on consignment for another company as a purchase on account during the year ended December 31,2018. The physical inventory count, which included the consigned goods, agreed with the perpetual inventory accounting records at year end. What effect, if any, will this error have on total assets, liabilities, and shareholders' equity at December 31, 2018, assuming the error is not detected before year end? Total assets Total liabilities Shareholders equity Overstated Understated Not be affected eTextbook and Media