The net income per books of Mary Smith Company was determined without knowledge of the errors indicated below. Net Income per Books Year Error in Ending Inventory 2015 $45.900 Overstated $2.920 2016 47,840 Overstated 8.610 2017 49,760 Understated 10,040 2018 51,730 No error 2019 53,640 Understated 1,980 2020 55,640 Overstated 7,640 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 Overstatement Dec. 31 Year 2015 $45,900 $ 2016 47,840 2017 49,760 2020 55,640 Overstated 7,640 Prepare a worksheet to show the adjusted net income figure for each of the 6 years after taking into account the inventory errors, Net Income Per Books Year Errors in Inventories Understatement Jan. 1 Overstatement Jan. 1 Overstatement Dec. 31 2015 $45.900 $ $ 2016 47,840 2017 49.760 2018 51,730 2019 53,640 2020 55,640 $