During 2025, Saul Company discovered that the ending inventories reported on its financial statements were incorrect by the following amounts: 2023 2024 $60,000 overstated $75,000 understated Prior to any adjustments for these errors and ignoring incomes taxes, 2024 Net Income would be: Select one: a. Correct O b. $15,000 overstated c. $75,000 overstated d. $135,000 understated O e. $15,000 understated