Effect of inventory errors During the taking of its physical inventory on December 31, 20Y3, Zula Company incorrectly counted its inventory as $265,365 instead of the correct amount of $233,520. Indicate the effect of the misstatement on Zula'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. Inventory Current assets Gross profit Inventory Net income Stockholders' equity Total assets ?