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The ending inventory of Sandies Candies is overstated by $75,000 at December 31, 20x8. What is the effect on 20x8s net income, assuming that no

The ending inventory of Sandies Candies is overstated by $75,000 at December 31, 20x8. What is the effect on 20x8s net income, assuming that no other inventory errors have occurred during 20x8?

Group of answer choices

a. $150,000 overstated

b. $75,000 understated

c. no effect

d. $75,000 overstated

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