Fausett Electronics, Inc, headquartered in Richfield, Minnesota, is one of the leading consumer electronics retailers. operating more than 1,000 stores across the globe. The following was reported in a recent annual report: CORSOUTDATED BALANCE SHEETS ($ in millions) Current Year Prior Year ASSETS Property and Equipment Land and buildings $ 766 $ 720 Leasehold improvements 2.019 1, 744 Fixtures and equipment 4.062 3.062 Property under capital toase 13 64 8.978 5.680 Les accumulated depreciation 2.780 2.287 Net property and equipment 4.198 3.293 2. Assume that Fausett Electronics falled to record depreciation during the current year, Indicate the effect of the error (le, overstated or understated) on the following ratios (Select "NE" if there is no effect.) a b Earnings per share Fixed asset turnover Current ratio. Return on assets c d