Exercise 222 Condensed Income statements for Ayayal Corporation are shown below for two years. Sales Cost of Goods Sold Gross Profit Operating Expense Net Income 2021 2022 $90,000 $108,000 54,000 64,800 $36,000 $43,200 18,000 18,000 $18,000 $25,200 Compute the corrected net income for 2021 and 2022 assuming that the inventory as of the end of 2021 was mistakenly understated by $8,400. 2021 2022 Corrected net income $ Click if you would like to Show Work for this question: Open Show Work