Part A(3 marks). At December 31, 2020. Grant Corp.'s auditor discovered the following errors (none had been corrected): 1. Accrued salaries payable of $ 25,000 were NOT recorded at December 31, 2019. 2. Office supplies on hand of $ 8.000 at December 31, 2020 had been treated as expense instead of supplies inventory. Indicate the amount of the effect (and whether it is an increase or decrease) of these two errors on 2020 net income Part B (3 marks). Eagle Corp. is a calendar-year corporation whose financial statements for 2019 and 2020 included errors as follows: Year Ending Inventory Depreciation Expense 2019 $ 36,000 overstated $ 20,000 understated 2020 12.000 understated 10,000 overstated Assume that purchases were recorded correctly and that no correcting entries were made at December 31, 2019 or December 31, 2020. Ignore income taxes. Determine the amount of the adjustment required (and whether debit or credit) to Eagle's retained earnings at January 1, 2021_ 5