Question: 7 QUIZ 1 Saved Help Save & Exit Subm Which of the following is correct when, in the same year, beginning inventory is understated by

7 QUIZ 1 Saved Help Save & Exit Subm Which of the following is correct when, in the same year, beginning inventory is understated by $1,520 and ending inventory is understated by $810? Multiple Choice Net income is understated by $2,330. Net income is overstated by $710. Net income is overstated by $2,330. O Net income is understated by $710

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