BE$21\mathrm{.}8($LO $3)$ Indicate the effect$$Understate$,$ Overstate, No Effect$$that each of the following errors has on $2025$ net income and $2026$ net income.

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$2025$

$2026$

a$.$Equipment $($with a useful life of $5$ years$)$ was purchased and expensed in $2023.$

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b$.$Wages payable were not recorded at $12/31/25.$

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c$.$Equipment purchased in $2025$ was expensed.

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d$.2025$ ending inventory was overstated.

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e$.$Patent amortization was not recorded in $2026.$

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