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Ending inventory is overstated $19,000 at 12/31/X7. Ending inventory is understated $14,000 at 12/31/X8. Reported net income for X8=$90,000. What is correct net income for
Ending inventory is overstated $19,000 at 12/31/X7. Ending inventory is understated $14,000 at 12/31/X8. Reported net income for X8=$90,000. What is correct net income for X8 ? A. $43,000 B. $57,000 C. $85,000 D. $95,000 E. $123,000
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