Question: answer for me A. An error in the physical count of goods on hand at the end of 2020 resulted in a $10,000 overstatement of

answer for me

A. An error in the physical count of goods on hand at the end of 2020 resulted in a $10,000 overstatement of the ending inventory. What Is the effect of this error on COGS and Net Income for Year2020 and 2021.Use the following templet in your answer? (2 marks) B. Tamer Company purchased equipment on January1, 2021 and incurred the following cost items: Cash price $415,000 Sales taxes 1,000 Insurance during transit 500 Installation and testing 3,500 Party for the event 2.000 Compute the total cost of equipment and record the incurred cost items. (3 marks) 1 i - B I E

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