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Marathon Company has a year end of March 31. Marathon Company's financial statements included the following errors for the 2021 and 2022 years: 2021 2022

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Marathon Company has a year end of March 31. Marathon Company's financial statements included the following errors for the 2021 and 2022 years: 2021 2022 Ending inventory $25,500 understated $16,300 understated Required: Calculate the amount by which income before income taxes was understated or overstated for: a. The 2021 year (1 mark) b. The 2022 year (2 marks)

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