The accounting records of Evergreen Home Store show these data (in millions): (Click the icon to view the income statements.) The shareholders are very happy with Evergreen's sleady increase in net income. However, auditors discovered that the ending inventory for 2019 was understated by $5 million and that the ending inventory for 2020 was understated by $7 million. The encing inventory at December 31, 2021, was correcl. Read the requirements X 2019 2021 $ 49 2020 $ 46 $ 43 Requirement 1. Show corrected income statements for each of the three years. (Enter all amounts in millions as provided in the question.) Evergreen Home Store Income Statements (adapted; amounts In millions) Years Ended December 31, 2021, 2020, and 2019 Data Table 2021 2020 2019 Net sales revenue Cost of goods sold: Beginning inventory Net sales revenue Cost of goods sold: Net purchases Beginning inventory Cost of goods available Net purchases Less ending inventory Cost of goods available Cost of goods sold Gross profit Les ending Inventory Cost of goods sold Operating expenses Gross profit Net income Operating expenses $ 9 S $ 7 27 25 23 30 36 (10) 33 (9) (8) 25 24 22 23 22 21 7 7 7 $ 16 $ 15 $ 14 Net Income Print Done AX Requirements 1. Show corrected income statements for each of the three years. 2. How much did these assumed corrections and to or take away from Evergreen's total net income over the three-year period? How did the corrections affect the trend of nel income? 3. Will Evergreen's shareholders still be happy with the company's trend of net Income? Explain Print Print Done