The net income per books of Ruth Company was determined without knowledge of the errors indicated below. Error in Ending Inventory Net Income Year per Books 2020 $45,300 Understated $7,900 2021 68,100 Overstated 5,600 2022 75,200 No error 2023 62,800 Overstated 5,700 2024 65,800 Understated 2,700 2025 70,000 Understated 2,200 Prepare a work sheet to show the adjusted net income figure for each of the 6 years after taking into account the inventory errors. Year 2020 Net Income Per Books 2021 Errors in Inventories Overstatement Understatement Jan. 1 Jan. 1 $45,300 $ 68,100 2022 75,200 2023 62,800 2024 65,800 2025 $ 70,000 Overstatement Dec. 31 Errors in Inventories Overstatement Understatement Jan. 1 Understatement Dec. 31 Dec. 31 $ S Corrected Net Income $