Hudson, Inc. is a calendar-year corporation. Its financial statements for the years 2018 and 2017 contained errors as follows:

2018 Ending inventory $9,000 overstated Depreciation expense $6,000 understated

2017 Ending inventory $24,000 overstated Depreciation expense $18,000 overstated

. Assume that the proper correcting entries were made at December 31, 2017. By how much will 2018 income before taxes be overstated or understated? a. $ 3,000 understated b. $ 3,000 overstated c. $ 6,000 overstated d. $15,000 overstated

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