For the year ending December 31, Beard Clinical Supplies Co. mistakenly omitted adjusting entries for (1) $7,300 of unearned revenue that was earned, (2) earned revenue that was not billed of $10,720, and (3) accrued wages of $6,140. Indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income. (a) Revenues were understated by $ (b) Expenses were understated by $ (c) Net Income was understated by s For the year ending June 30, Island Clinical Services mistakenly omitted adjusting entries for (1) $1,500 of supplies that were used, (2) unearned revenue of $4,200 that was earned, and (3) insurance of $5,000 that expired. What is the combined effect of these errors on (a) revenues, (b) expenses, and (c) net income for the year ending June 302 (a) Revenues were understated by (b) Expenses were understated by $ (c) Net Income was overstated by