Flexsteel Industries manufactures furniture for the retali, contract, and recreational vehicle furniture markets. Suppose that corporation's adjusted trial balance ignored the following information. For each item, indicate what effects, If any, these omissions would have on the stated components of the corporation's 2021 Income Statement and 12/31/2021 Balance Sheet. Assume no income taxes. Additional information: The estimated uncollectible accounts receivable is now zero and should be $32,000.

12/31/2021 Assets:

12/31/2021 Liabilities:

12/31/2021 Owners Equity:

12/31/2021 Net Income: