Question 36 2.85714 points Save Ans Lisa Inc. is a fabric store that sells yarn, fabric and other supplies. Lisa has a calendar year end. Lisa understated its ending inventory for the year ended December 31, 2019. How would the error in the 2019 ending inventory affect the 2019 financial statements? Current assets at December 31, 2019 would be overrstated No effect on the 2019 financial statements Net income for the year ended December 31, 2019 would be overstated Cost of goods sold for the year ended December 31, 2019 would be overstated