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During 2017, Nehra Company discovered that the ending inventories reported on its financial statements were incorrect by the following amounts: 2015 $60 understated 2016 $75
During 2017, Nehra Company discovered that the ending inventories reported on its financial statements were incorrect by the following amounts: 2015 $60 understated 2016 $75 understated Indicate the error in 2017 Net Income: Select one: O a. $15 Understated O b. $15 Overstated Oc. $75 Overstated O d. $75 Understated O e. $135 Overstated
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