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If gross profit is overstated in Period 1, then the ending inventory and net income in Period 1 were respectively: overstated, and understated. understated, and

If gross profit is overstated in Period 1, then the ending inventory and net income in Period 1 were respectively: overstated, and understated. understated, and overstated. overstated, and overstated. understated, and understated

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