if you can show work and explain, it would be appreciated

3. In early 2023 , auditors found that the ending merchandise inventory for 2020 was understated by $5,000 and that the ending merchandise inventory for 2022 was overstated by $6,000. The ending merchandise inventory at December 31,2021 , was correct (20 points). Requirements: Use the following to answer parts a and b. a. Prepare corrected income statements for the three vaom b. State whether each year's net income - before your corrections - is understated or overstated, and indicate the amount of the understatement or overstatement