During the taking of its physical inventory on December 31,20Y3, Corbin Company incorrectly counted its inventory as $140,790 instead of the correct amount of $129,525. Indicate the effect of the misstatement on Corbin's December 31, 20Y3, balance sheet or income statement for the year ended December 31, 20Y3. For each, select if the amount is overstated or understated. Then, input the over or under amount, entered as a positive value