10. Dandy Dan's Variety Store had an error in its December 31, 20x4, balance sheet. The ending inventory was listed at a value of $40,000 instead of $38,000. Assuming that there are no other errors, which of the following is a true statement concerning the following year's financial statements prepared on December 31, 20xs? A. The cost of goods sold for the year will be overstated. B. The ending inventory on the balance sheet will be overstated. C. The net income for the year will be overstated. D. The beginning inventory on the balance sheet will be understated. t which of the following items