The following information is presented for Pronghorn Corporation. The net income figures were computed without knowledge of the errors in ending inventory. Assume that there was no error in the 2016 ending inventory. Net Income per Books Error in Ending Inventory Year 2017 $172,000 Overstated Overstated $25,600 33,500 2018 81,000 2019 121,000 No error 2020 211,000 Understated Understated 7,100 19,000 2021 97,000 Prepare a worksheet to show the adjusted net income figure for each year from 2017 to 2021 after taking into account the inventory errors. Errors in Inventories Net Income Per Books Overstatement Jan. 1 Understatement Jan. 1 Overstatement Dec. 31 Understatement Dec. 31 Corrected NI Income $172,000 $ 81,000 121,000 211,000 97,000