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Hudson Inc. reported pretax income of $40,000 during 2018. The pretax income of Hudson Inc. was determined without knowledge of the errors indicated (assume periodic

Hudson Inc. reported pretax income of $40,000 during 2018. The pretax income of Hudson Inc. was determined without knowledge of the errors indicated (assume periodic inventory method).

Year 2018 Ending inventory $9,000 understated Year 2017 ending inventory $14,000 understated

What is the correct pretax income for 2018?

a. $49,000 b. $54,000 c. $63,000 d. $35,000 e. $17,000 f. $45,000

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