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Homework: Homework CH6 Score: 0 of 15 pts 8 of 8 (5 complete Question 8, P6-36B (similar to) Mountain Stream Carpets's books show the following

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Homework: Homework CH6 Score: 0 of 15 pts 8 of 8 (5 complete Question 8, P6-36B (similar to) Mountain Stream Carpets's books show the following data Click the icon to view the income statements.) In earty 2020, auditors found that the ending merchandise inventory for 2017 was understated by $7,000 and that the ending merchandise inventor was correct Read the requirements 2017 Requirement 1. Prepare corrected income statements for the three years Mountain Stream Carpets Income Statement For the Years Ended December 31, 2019, 2018, and 2017 2019 2018 Ending Merchandise Inventory Overstated by $8,000 Correct Net Sales Revenue Cost of Goods Sold Beginning Merchandise Inventory Net Cost of Purchases Cost of Goods Available for Sale Less: Ending Merchandise Inventory Cost of Goods Sold Ending Merchandise Inventory Understated by $7,000 Enter any number in the edit fields and then click Check Answer. Clear All 3 parts remaining MacBook Air ODO 0 000 esc F2 F3

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