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WOS edugerwileyplus.comvedugervimin + LUS Mass Intermediate Accounting, 17 > RCES GALATOS Exercise -20 The net income per books of Susan Wilson Company was determined without

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WOS edugerwileyplus.comvedugervimin + LUS Mass Intermediate Accounting, 17 > RCES GALATOS Exercise -20 The net income per books of Susan Wilson Company was determined without knowledge of the errors indicated below Net Income Error in Ending Year per Books Inventory 2015 $49,600 Overstatud $ 3.230 2016 51,620 Overstated 9.640 2017 53,510 Understated 10,760 2018 55,340 No error 2019 57,280 Understated 1,960 2020 59,310 Overstated 8,370 Prepare a worksheet to show the adjusted net income figure for each of the years after taking into account the inventory errors Errors in Inventories Net Income Overstatement Understatement Overstatement Year Per Books Jan. 1 Dec. 31 2015 $49,600 2016 51.620 2017 53,510 2018 55,340 2019 57.280 2020 59,310 Understatement Dec. 31 Corrected Net Income Click if you would like to Show Work for this questioni Doen Show Werk LINK TO TEXT SUB LAVE FOR LATER Question Attempts: 0 of 3 used E arch RI $ e

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