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Navajo Company's year-end financial statements show the following. The company recently discovered that in making physical counts of inventory, it had made the following errors:

image text in transcribedimage text in transcribedimage text in transcribed Navajo Company's year-end financial statements show the following. The company recently discovered that in making physical counts of inventory, it had made the following errors: Year 1 ending inventory is understated by $68,000 and Year 2 ending inventory is overstated by $38,000. What is the total error in combined net income for the three-year period resulting from the inventory errors

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