Current Attempt in Progress During its December 31, 2021 year-end inventory count, Oriole Company failed to count items in transit to which it had legal title. As a result of this error, ending inventory was understated by $51500. Assuming the company makes no errors in 2022, Googy's owner's equity at the end of December 2022 will be overstated by $31300 understated by $31300 overstated by $62000 correct Attempts of 1 used to