The following numbers are taken from the financial statements of Sherry Company for year ended Dec. 31, 2020. Revenues Expenses Unadjusted Bal Adjustment Adjusted Bal 120,000 80,000 Net Income 40,000 Assets 100,000 Total Liabilities 30,000 SE Equity 70,000 Net Cash Flows from Operating 15,000 Activities Net Cash Flows from Investing -3,000 Activities Net Cash Flows from Financing 5,000 Activities During the audit, auditors detected the following error: Error: Company paid $10,000 to bank on a loan and recorded all of it as payment on the principal of the loan. However, only $6,000 of the $10,000 was for the payment of the principal of the loan and the rest was for interest expense. What would be the adjusted balances for the above items in the financial statements after correcting the above error? Example of Answer: Revenues 2000 Expenses = 1800 Net Income = 200 so on (No space, comma, decimal point, or $ sign) Show negative amount with a minus Example: Net Cash Flows from Operating Activities -3000 Revenues= Expenses = Net Income = Total Assets = Total Liabilities Total SE Net Cash Flows from Operating Activities = A/ Net Cash Flows from Investing Activities A/ A 22 A