For the year ended December 31, Facebook Co. mistakenly omitted adjusting journal entries for $2,300 of supplies that were used, (2) uncamed revenue of S4,900 that was earned, and (3) insurance of S6,100 that expired. For the year ended December 31, which of the following statements is correct? Expenses are understated by $3,800. Expenses are overstated by $8,400, Revenues are overstated by S4,900. Net income is overstated by $3,500