Sharleen's Wigs reported cost of goods sold as follows: $ Sharleen's made two errors: 1. 2024 ending imventory was overstated by $3,000. 2. 2025 ending inventory was understated by $9,000. Instructions Assuming the errors had not been corrected, indicate the dollar effect that the errors had on the items appearing on the financial statements listed below. Also indicate if the amounts are overstated (O) or understated (U)