Shelby Corp. hired the CEOs daughter, Karen Statement (also known as Miss Statement) to do inventory counts. Unfortunately she always messes things up!

Miss Statement miscounted inventory by the following amounts:

12/31/2020 inventory count $7,725 understatement

12/31/2021 inventory count $4,010 understatement

12/31/2022 inventory count $6,475 overstatement

Shelby Corp. used her counts in preparation of the yearly financial statements.

Assuming no other errors were made, what effect do these errors have on 2022 net income?