Pcad the iequinenents Requirement 2. How much did these assumed carrections add to or take away torn Columbia's totad net incnme ove the throe year perief? How did the corrections affect the temed of net inconse? How much did these assumed cocreclions add to or take away from Columbla's total net inctme over the three-year peciod? (1) How did the cocrecfoon affect the bend of net inconse? (2) Aequirement 3. Wa Codumbia's shashoblens stis bw happy with the company a bend of net ncons?? Explain The shareholders (J) be happy wat the trend of net herane bocaue (4) 1. Show conrectid income stalements for each of the three years: 2. How much did these asumed corrections add to or take away from Colurnbla's total net income over the three-year period? Haw did the corrections affoct the trend of not incoene? 3. Wri Columbia's shareholders still be happy with the company's trend ef net incorne? Explain (1) Did not change total net hacome (2) Made the company's trend look better with a steady increase in net income. (3) will Understatnd total net income by 5 million Made the company's trend look wore from an increasing pattern to a decreasing pattem Made the company's trend look more variablo Changed the trond from an incroasing pattern to a flat patiern (4) the enempany's profs in decieating each year censktently incoeahing its profts making no pregress with iss proths Data table Requirements 1. Show corrected income statements for each of the three years. 2. How much did these assumed corrections add to or take away from Columbia's total net income over the three-year period? How did the corrections affect the trend of net income? 3. Will Columbia's shareholders still be happy with the company's trend of net income? Explain. Pcad the iequinenents Requirement 2. How much did these assumed carrections add to or take away torn Columbia's totad net incnme ove the throe year perief? How did the corrections affect the temed of net inconse? How much did these assumed cocreclions add to or take away from Columbla's total net inctme over the three-year peciod? (1) How did the cocrecfoon affect the bend of net inconse? (2) Aequirement 3. Wa Codumbia's shashoblens stis bw happy with the company a bend of net ncons?? Explain The shareholders (J) be happy wat the trend of net herane bocaue (4) 1. Show conrectid income stalements for each of the three years: 2. How much did these asumed corrections add to or take away from Colurnbla's total net income over the three-year period? Haw did the corrections affoct the trend of not incoene? 3. Wri Columbia's shareholders still be happy with the company's trend ef net incorne? Explain (1) Did not change total net hacome (2) Made the company's trend look better with a steady increase in net income. (3) will Understatnd total net income by 5 million Made the company's trend look wore from an increasing pattern to a decreasing pattem Made the company's trend look more variablo Changed the trond from an incroasing pattern to a flat patiern (4) the enempany's profs in decieating each year censktently incoeahing its profts making no pregress with iss proths Data table Requirements 1. Show corrected income statements for each of the three years. 2. How much did these assumed corrections add to or take away from Columbia's total net income over the three-year period? How did the corrections affect the trend of net income? 3. Will Columbia's shareholders still be happy with the company's trend of net income? Explain