Question J Condensed income statements for Chapin Corporation are shown below. 2019 2020 Sales 75,000 90,000 Cost of Goods Sold 45,000 54,000 Gross Profit 30,000 36,000 Operating Expense 15,000 15,000 Net Income $15,000 $21,000 Compute the corrected net income for 2019 and 2020 assuming that the inventory at the end of 2019 was mistakenly understated by $9,000. Assume that there is zero inventory at the end of 2020