Player Company's December 31 year-end financial statements contained the following errors: December 31, 2016 December 31, 2017 $1,000 under $1,500 over Ending Inventory Depreciation Expense $2,200 over $ 600 under 1800 1800 An insurance premium of $5,400 was prepaid in 2017 covering the years 2017, 2018 and 2019. The prepayment was recorded with a debit to insurance expense. In addition, on December 31, 2017, machinery with a $3,900 book value was sold for $3.800 cash, but the sale was not recorded until 2018. esh 3200 Loss 100 A,What is the total net effect of the errors on 2018 net income? Correct is +200 In the computation I don't understand about loss 100, why is net income-100 B,what is the total net effect the errors on working captial at december 31.3018? Correct -1800 In the compuation, why is +1800,i thinsk is -1800 C,what is the total effect of the errors on retained earnings at december 31,2018? Correct is -3400 Why is -3400