View Policies Current Attempt in Progress The 2019 and 2020 financial statements of Banana Inc. contained the following errors: 2019 2020 Ending inventory Insurance expense $10,000 overstated 4,800 understated $16,000 understated 2,600 overstated Assuming that none of the errors were detected or corrected, by what amount will 2020 income before taxes be overstated or understated? O $13,400 overstated $28,600 understated O $13,400 understated O $23,800 understated