Questions 1-4 DIRECTIONS: Questions 1 through 4 are to be answere information. In the audit of the Audell Co. for the calendar year 2021, the accountant noted the following errors. An adjusting entry for $10 for interest accrued on a customer's $4,000,60-day, note was not recorded at the ent income. Equipment was leased on December 31, 2020 and rental of $300 was paid in adv. for the next three months and charged to Rent Expense. On November 1, 2020, space was rented at $75 per month. The tenant paid six months rent in advance which was credited to Rent Income. Salary expenses in the amount of $60 were not recorded at the end of 2020 Depreciation in the amount of $80 was not recorded at the end of 2020. An error of $200 in addition on the year-end physical invente sheet was made. The inventory was overstated. What is the net income, net change in assets, net change in liabilities and owner equity at December 31 2020.