During the course of the audit of Omicron Sporting Goods for the year ending December 31,20X3 the auditor discovered the following errors (with the documentation references in parentheses) Assume the auditor has made no adjustments to the trial balance numbers for these errors. OMICRON SPORTING GOODS ERRORS FOUND DURING AUDIT OF ACCOUNTS FOR YEAR ENDING DECEMBER 31, 20X3 (a) The accounts receivable confirmation work revealed one pricing error. The book value of S12,956 should be ,984. The projected error based on this difference is $14,465 (Workpaper B-9) 0-11) (1) Accrued vacation pay was understated by $9,000. (b)Omicron Sporting Goods hadunderstated the accrued vacation pay by S13,000. (Workpaper (c) A review of the prior year documentation indicates the following uncorrected errors. Sales and accounts receivable were overstated by an estimated S60,000 due to cutoff errors (2) REQUIRED: (1) Using the attached forms, prepare a summary working paper of possible adjustments for the items listed above. Assume that all items are considered material. The company's average income tax rate is 35% for both the current year and prior year. Indicate the effects the errors will have on both the balance sheet and income statement if they remain uncorrected. (2)