Kelton Inc. purchases inventory for $2,000 and incurs shipping costs of $100. To record this transaction, the company debits Inventory for $2,000, debits Selling Expenses for $100, and credits Cash for $2,100. Which of the following statements is correct? O Assets are understated. O Expenses are understated. Net income is overstated. O Revenues are understated. O All accounts are accurately stated