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net income. However, auditors discovered that the ending inventory for 2019 was understated by $3 milin Data table Requirements 1. Show corrected income statements for each of the three years. 2. How much did these assumed corrections add to or take away from Salem's total net income over the three-year period? How did the corrections affect the trend of net income? 3. Will Salem's shareholders still be happy with the company's trend of net income? Explain. accourting recorts of 5alest Home Store shou these data (in mithions) fieat the leoficennth [144 2019 accounting records of Salem Home Store show these data (in millions): (Click the loon to view the incorne statements.) The shatehelders are very happy with Salem's steady increase in net income. Hewevec, auditors discovered that the ending inventory for 2019 was understated by 53 mallon and that the and 31. 2021, was conect. Read the tegriremente Resd the Lavulisments. Salem Home Store Income Statements (adapted; amounts in millions) Voare Fivelad no. Made the company's teend look better with a steady increase in net income. Made the compariy's trend took more varisble. Thuse year peried? The tharsticloter Requirement2. How much did these assumed corrections add to or take away from Salem's fotal net income over the three-year penlod? h How much did these assumed correcilons add to or take away from Salem's total net income over the three-year period? nes Explain. did these assumed corrections add to or take awav from Salem's total net income over the three-vear period? How did the corrections affect the trend of net int hed cotrections add to or take away from Salem's conshistently iricreasing itv profits aftect the trend of net income? the company's profit is decreasing each year making no progreses with the profits be happy wah the trend of nel lneome because