Show how the following independent errors will affect net income on the income statement and the stockholders' equity section of the balance sheet using the symbol + (plus) for overstated, - (minus) for understated, and 0 (zero) for no effect. 1. Ending inventory in 2023 overstated. 2. Failed to accrue 2023 interest revenue. 3. A capital expenditure for factory equipment (useful life, 5 years) was erroneously charged to Maintenance Expense in 2023. 4. Failed to count office supplies on hand at 12/31/23. Cash expenditures have been charged to Supplies Expense during the year 2023. 5. Failed to accrue 2023 wages. 6. Ending inventory in 2023 understated. 7. Overstated 2023 depreciation expense; 2024 expense correct. 2023 2024 Income Statement Balance Sheet Income Statement Balance Sheet