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Peaceful Carpets's books show the following data. (Click the icon to view the income statements.) intor Data Table 2019 2018 2017 Net Sales Revenue $

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Peaceful Carpets's books show the following data. (Click the icon to view the income statements.) intor Data Table 2019 2018 2017 Net Sales Revenue $ 210,000 $ 165,000 $ 180,000 Cost of Goods Sold: Beginning Merchandise Inventory $ 22,000 $ $ 27,000 97,000 37.000 89,000 130,000 Net Cost of Purchases Cost of Goods Available for Sale 152,000 124,000 126,000 27,000 34,000 22,000 Less: Ending Merchandise Inventory 118,000 102,000 99,000 Cost of Goods Sold Gross Profit 92,000 62,000 63,000 35,000 81,000 46,000 Operating Expenses 30,000 28,000 S 35,000 Net Income Print Done Done Saye for Later o Pecel Carpet's boods show the following data click the icon to view the income statement) hearty 2020, nudition found that the ending merchandise inventory for 2017 wm understated by 54,000 and that the ending merchandise inventory for 2010 wan averated by $5.000. The endir merchandise inventory December 31, 2018 scored Read the more 2018 2017 Ending Merchandise Inventory Understated by 14.000 Peaceful Carpet Income Statement For the Year Ended December 21, 2013, 2018 and 2017 2018 Ending Merchandise Inventory Overstated by 35.000 Correct Notas Reven Det of Goods de being chory Net Cost of Purch Costacaos Antilles Low Ending Montando inventory Conte Goods Sold TINI Ong word Carpet's books show the following data keloon to view the income Wany 2000, hors found that the ending merchandise Mentory for 2017 was onderdeled by 14.000 and that the ending merchandise wory 2018 wwwerstutetty 35.000 The ending manhando invertory of December 21, 2018 Read the Requirement 2. Stue whether each year's not inomer-before your corections understated or evented and indonte sont of the understatement er overture Prior to correctionne income 2019 2010 2017 Requirement Compute the inventory over and deal invertorysing the correded income for the two years founderstood Select the Wels and enter the amounts to compete inventory tumove forwach year Round your worstwa domu places, XXOC) Inventory umove 2010 tes 2018 mes 2017 ies Now let the labels and amounts to compus days story for each you to two decam XXX Dainbow 2010 OS 2010 2017 day

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