11) A company reported income before taxes of $16,300 for the year ended December 31, 2010. In reviewing their accounts after the books had been closed, you discover that the following errors had been made in compiling the financial statements: Overstatement of ending inventory Overstatement of depreciation expense.. $380 Understatement of advertising expense. $600 $150 The correct amount of income before taxes that should have been reported for the year ended December 31, 2010, is: A) $15,170 B) $15,930 C) $16,230 D) $16,370 E) $17,130