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Mon to another question wise this response Question 4 In 2020, Freeze Company's ending inventory was understated 50,000. The error was not corrected. What is the effect of the unat on the following pairing of cost of goods sold and net income in 2020? OA Cost of goods sold 2020 Net Income 2020 No effect No effect Cost of goods sold 2020 Net Income 2020 Oversated 50.000 Overstated 50.000 Cost of goods 2020 Net income 2020 Understated $9.000 Overstated 50,000 D Con of goods sold 2020 Netcom 2020 Overstated 597000 Understand 39.000 O Cost of goods sold 2020 Net income2020 Understated 39.000 Understated $9.000