Hudson, Inc. is a calendar-year corporation. Its financial statements for the years 2019 and 2018 contained errors as follows: 2019 2018 Ending inventory $3,000 understated $8,000 overstated Depreciation expense $2,000 understated $6,000 overstated FI Assume that no correcting entries were made at December 31, 2018. Ignoring income taxes, by how much will retained earnings at December 31, 2019 be overstated or understated