Could you please answer this question?

I am in a hurry a little bit, so fast answer would be appreciated!

Thank you!

Question 20 (1 point) Odina Inc. had net income of $1,000,000 for 2020. After issuing its financial statements, it realized that it had failed to include inventory from one of its small warehouses for several years. Specifically, it forgot to include $20,000 on Decemb 31, 2019, and $30,000 on December 31, 2020. Which of the following is TRUE regarding Odina's 2020 net income? Net income was understated by $30,000. O o o Net income was understated by $10,000. Net income was overstated by $10,000. Net income was overstated by $30,000. Question 21 (1 point) Which statement is correct? Cash inflows and outflows are netted against each other. Net interest received or paid can be offset in the cash flow statement. Cash flows are grouped by operating, investing and financing activities. Income tax paid does not need to be presented separately