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Wilder Company reported Pretax Income amounts of 2009, $11,000; and 2010, $15,000. Later it was discovered that the Ending Inventory for 2009 was understated by
Wilder Company reported Pretax Income amounts of 2009, $11,000; and 2010, $15,000. Later it was discovered that the Ending Inventory for 2009 was understated by $2,000 (and not corrected in 2010). The correct Pretax Income for each year was: 2009 2010 $9,000 $20,000 b. $13,000 $17,000 $13,000 $13,000 d. $9,000 $17,000 a. C
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