You are reviewing O'Brien Co.'s adjusted trial balance for the year ended 12/3/16. You notice several omissions and incorrect items during your review. One of which is noted below. You are required to determine what effect, if any, the below items would have on the stated components of O'Brian Co.'s 2016 Income Statement and 12/31/16 Balance Sheet if it is not corrected or updated. Assume no income taxes. N = No Effect O = overstated U = Understated