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Leftarm Inc. is a calendar-year corporation. The following errors were made: Leftarm purchased treasury stock at 12/31/10 for $4,000. No journal entry was recorded in

Leftarm Inc. is a calendar-year corporation. The following errors were made: Leftarm purchased treasury stock at 12/31/10 for $4,000. No journal entry was recorded in 2010 or 2011.

Failed to record Unearned Revenue at 12/31/10: $2,000 12/31/11Total Stockholders' Equity is in error by:

Select one:

a. $4,000b. $5,000c. $9,000d. $1,000

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