On March 5, 2026, you were hired by Shamrosk Inc, a closely held compary, as a staff member of its newly created internal auditing department. While reviewing the compary's records for 2024 and 2025 . you discover that no adjustments have yet been made for the following items. Items 1. Interest income of $15,000 was not accrued at the end of 2024 it was recorded when received in February 2025. 2. A corsputer costing $3,680 was expensed when purchased on July 1.2024 . It is expected to have a 4 -vear life with no salvage value. The company typically uses straight-line depreciation for all foed assets. 3. Research and development costs of $35,400 were incurred early in 2024 . They were capitalized and were to be amortized over a 3.year period. Amortization of $11,800 was reconded for 2024 and $11,800 for 2025. 4. On lahuary 2, 2024, Shamrock leased a building for 5 years at a manehly rental of $8,300 On that date, the compamy paid the following amounts, wivch were expensed when paid 3. The company received $37,200 from a cuscomer at the becinsing of 2024 for services that it is to perform eventrover a 3 . year period beginning in 2024, None of the amount recelved was reported as une arned revenue at the end of 2024 6. Merchandise iewentorycosting $19,200 was in the warehouse at Derember 31,2024 , but was incorrectly omitted ireen the phrsical count at that date. The coenpaffy uses the perlodic inventary method. Indicate the effect of any errors on the net income figure reported on the income statement for the vear ending December 31, 2024, and the retained earnings figure reported on the balance sheet at December 31,2025 . Assume all amounts are material, and ignore income taxeffects. Using the following format, enter the appropriate dollar amounts in the appropriate columns. Consider each item independent of the otheritems. It is not necessary to total the columns on the grid