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Risers Inc. reported total assets of $ 1 , 9 0 0 , 0 0 0 and net income of $ 2 0 0 ,

Risers Inc. reported total assets of $1,900,000 and net income of $200,000 for the current year. Risers determined that inventory was understated by $10,000 at the beginning of the year (this was not corrected). What is the corrected amount for total assets and net income for the year?

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