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The company reported inventory in the statement of financial position at $43,100,$53,500, and $48,200 at the end of 2022,2023 , and 2024 , respectively. The

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The company reported inventory in the statement of financial position at $43,100,$53,500, and $48,200 at the end of 2022,2023 , and 2024 , respectively. The ending inventory amounts for 2022 and 2024 are correct. However, the company has understated the ending inventory at December 31,2023 , by $8,645. (a) Prepare correct statements of income for 2023 and 2024 through to gross profit

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