The accounting records of Bright Home Store show these data (in milions): (Cick the ioon to view the income statearents.) The shamholders are very happy with Bright's steady increase in net income. However, auditors disoovered that the ending inventory for 2019 was understated by 53 million and that the ending inventory for 2020 was understated by $4 millon. The ending inventory at December 31, 2021, was correct. Read the reguirements. Requirement 1. Show corrected income statements for each of the three years. (Enter all amounts in millions as provided in the question.) The accounting records of Bright Home Store show these data (in millions): (Click the ioon to view the income statements.) The shareholders are very happy with Brights steady increase in net income. However, auditors discovered that the ending inventory for 2019 was understated by $3 million and that the ending inventory for 2020 was understated by $4 milion. The ending inventory at December 31,2021 , was correct. Read the reguirements. Requirement 2. How much did these assumed corrections add to or take away from Brighr's total net income over the thvee-year pence? How did the corrections affect the trend of net income? How much did these assumed corrections add to or take away from Brighr's totad net inceme over the three-year period? The acocunting records of Bright Home Store show these data (in millions): (Cick the icon to view the income statements.) The shareholbers are very happy with Bright's steady increase in net income. However, auditors discovered that the ending inventory for 2019 was undorstated by $3 milion and that the ending inventory for 2020 was understated by $4 million. The ending inventory at December 31,2021 , was correct. Read the reauirements. Requirement 2. How much did these assumed corrections add to or take away from Bright's total net income over the three-year period? How did the correcticns affect the trend of net income? How mush dic these asbumed corrections add to or take away from Brights total net income over the three-year period? How did the corrections aflect the trend of net income? Requirement 3. Wil Brights shareholders stal be happy with the companys trend of net income? Explain. The sharehoiders be happy with the trend of net income because Data table o ending inventory for 2019 was understated by $3 . 2021, was correct. The accounting records of Bright Home Store show these data (in millions): IIH (Click the icon to view the income statements.) The shareholders are very happy with Brighfs steady increase in net income. However, auditors discovered that the ending irventory for 2019 was understated by $3 million an 1. 2021, was correct. Requirements 1. Show corrected income statements for each of the three years. 2. How much did these assumed corrections add to or take away from Bright's total net income over the three-year period? How did the corrections affect the trend of net income? Net in Requiren the trend 3. Wal Brights shareholders still be happy with the company's trend of net income? Explain. How mue How did t Requirement 3. Will Bright's shareholders still be happy with the company's trend of net income? Explain. The shareholders be happy with the trend of net income because