Oregon Carpets' books show the following data. Requirement 1. Propare corrected income statements for the there years: Requirement 2. State whether each yeart not income-teloce your combction- is understatnd pr overstated. and indicate the ameunt of the understatement or cherstatentant Requireinent 3. Compete the inventory turnovet and daye' cales in imventory ising the confectud income statemert for the thee yoani (Rocind all numbers to two decimals y Select the labels and enter the amounts to compute iventory turnover for each year. Round your ansers to tins decimal places, ) Niow select the labels and enter the amounts to coirpute days' salos in inveritory for flach year (Enter all amounts to Oregon Carpets' books show the following data. (Click the icon to view the income statements.) In early 2026, auditors found that the ending merchandise inventory for 2023 was understated by $6,000 and that the ending merchandise inventory for 2025 was overstated by $7,000. The ending merchandise inventory at December 31, 2024, was correct Read the tequirements. Data table