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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 overstated 2016 $75

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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 overstated 2016 $75 understated Indicate the error in 2016 Net Income: Select one: a $135 Understated a b. $15 Overstated c. $75 Overstated d. $75 Understated $135 Overstated

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