Remaining Time: 1 hour, 15 minutes, 42 seconds. Question Completion Status: 1 2 3 5 10 11 12 13 14 15 16 190 200 21 & Moving to another question will save this response. Question 8 An understatement of the ending inventory in 2021, if not corrected, will cause which of the following? OA 2021 net income to be overstated and 2022 net income to be understated. O. 2021 net income to be understated and 2022 net income to be overstated. OC 2021 net income to be overstated and 2022 net income to be overstated. D.2021 net income to be overstated and 2022 net income will be correct. Moving to another question will save this response. 888 FO 4 % 5 & 7 8 9 W E R T Y D F G H J X C V B NI M