Shamrock, Inc. reports net income of $97,670 in 2017. However, ending inventory was understated by $7,310.

Shamrock, Inc. reports net income of $97,670 in 2017. However, ending inventory was understated by $7,310. What is the correct net income for 2017? The correct net income $ List of Accounts What effect, if any, will this error have on total assets as reported in the balance sheet at December 31, 2017? in the balance sheet will be by the amount that ending inventory is .$ List of Accounts