Given the following Ending Inventory errors: Year 2018 2019 Ending Inventory Error Overstated $30 Understated $40 Indicate the error in the following items: Select one: a. 2019 Net Income No Error 12/31/20 Retained Earnings Understated $10 2019 Net Income No Error 12/31/20 Retained Earnings Overstated $10 ec 2019 Net Income Understated $40 12/31/20 Retained Earnings No Error d 2019 Net Income Overstated $40 12/31/20 Retained Earnings Understated $40 2019 Net Income Understated $70 12/31/20 Retained Earnings No Error The Palmetto Company began operations on 118. Which set term