Effect of 1 During the taking of its physical inventory on December 31, 20Y3, Kate's Interiors Company incorrectly counted its inventory as $399,310 Instead of the correct amount of $359,380. Indicate the efflect of the misstatement on Kate's Interiors's December 31, 20Y3, balance sheet or income statement for the year ended December 31, 2013. For each, select if the amount is overstated or understated. Then, input the over or under amount, entered as a positive value Cost of goods sold Current assets Inventory Net income Stockholders' equity Total assets