During the audit of Montane Company's 2016 financial statements, the auditors discovered that the 2016 ending inventory had been overstated by $9,600 and that the 2016 beginning inventory was overstated by $5,800. Before the effect of these errors, 2016 pretax income had been computed as $104,000. What should be reported as the correct 2016 pretax income before taxes?

$109,800.

$119,400.

$100,200.

$88,600.