During the process of preparing a company's 20X9 financial statements, the accountant discovered that the beginning inventory had been overstated by $10,000, purchases had been understated by $14,000 and ending inventory had been overstated by $6,000. These errors will cause the 20X9 income from continuing operations before taxes to be

$8,000 understated

$10,000 overstated

$10,000 understated

$30,000 overstated

$30,000 understated.