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The net income per books of Jennifer Davis Company was determined without knowledge of the errors indicated below. Net Income per Books Error in Ending

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The net income per books of Jennifer Davis Company was determined without knowledge of the errors indicated below. Net Income per Books Error in Ending Inventory Year 2015 $50,600 Overstated $3,040 2016 Overstated 9,090 Understated 11,790 52,410 54.470 56,310 58,220 60,310 2017 2018 2019 2020 No error Understated 2,180 Overstated 8,350 Prepare a worksheet to show the adjusted net income figure for each of the 6 years after taking into account the inventory errors. Errors in Inventories Net Income Per Books Overstatement Jan. 1 Understatement Jan. 1 Overstatemei Dec. 31 Year 2015 $50,600 $ 2016 52,410 2017 RA Prepare a worksheet to show the adjusted net income figure for each of the 6 years after taking into account the inventory errors. Errors in Inventories Net Income Per Books Overstatement Jan. 1 Understatement Jan. 1 Year Overstatemei Dec. 31 2015 $50,600 $ 2016 52,410 2017 54,470 2018 56,310 2019 58,220 2020 60,310

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