Question: 3 pts 3 of 16 (2 complete) This cember 31, 2024, Stevenson Company overstated ending inventory by $36,000. How does this error affect cost of goods sold and net inc Leaves both cost of goods sold and net income correct because the errors cancel each other Overstates cost of goods sold and understates net income Understates cost of goods sold and overstates net income D. Overstates both cost of goods sold and net income