Partial income statements for Murphy & Murphy (M & M) reported the following summarized amounts(see attached image)

After these amounts were reported, M & M?s accountant determined that the inventory at the end of Quarter 2 was understated by $9,950. The inventory balance at the end of the other three quarters was accurately stated.

Required: 1. Restate the partial income statements to reflect the correct amounts, after fixing the inventory error.