Presented below are the income statements for Saldron Manufacturing for the years ended December 31, 20X2, and 20X1. Saldron Manufacturing Comparative Income Statements For years ending December 31 20X2 20x1 Sales $790 $620 Less: Cost of Goods Sold: 70 60 510 420 Beginning Inventory Purchases Cost of Goods Available for Sale Less: Ending Inventory Cost of Goods Sold 580 480 90 70 490 410 Gross Profit 210 Less: Operating Expenses 300 60 50 Cost of Goods Available for Sale 580 480 Less: Ending Inventory 90 70 Cost of Goods Sold 490 410 Gross Profit 300 210 Less: Operating Expenses 60 50 Income Before Taxes 240 160 Income Tax Expense (40%) 96 64 Net Income $144 $ 96 In 20x3 it was discovered that the 20x1 ending inventory was understated by $20, and the 20x2 ending inventory was overstated by $10. The 20x1 beginning inventory was correctly stated. Identify the accounts which are incorrect on the 20x1,20x2, income statements. State the dollar error (by how much they are incorrect) and whether the amounts overstate or understate balances. Copy the question and write your answer next to the number. For example next to Ending inventory of 20x1 you need to write (20 under)