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Oriole Watches reports net income of 92,000 in 2020 . However, ending inventory was understated 3,500. What is the correct net income for 2020? The

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Oriole Watches reports net income of 92,000 in 2020 . However, ending inventory was understated 3,500. What is the correct net income for 2020? The correct net income for 2020 What effect will this error have on total assets as reported in the statement of financial position at December 31,2020 ? Total assets in the statement of financial position will be by E

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