Current Attempt in Progress Your answer is partially correct. The net income per books of Sandra Robinson Company was determined without knowledge of the errors indicated below. Year 2015 2016 Net Income per Books $48,000 49,810 51,980 53,850 55,690 57,520 Error in Ending Inventory Overstated $ 2,890 Overstated 8,480 Understated 11,030 No error Understated 2,020 Overstated 7,480 2017 2018 2019 2020 Prepare a worksheet to show the adjusted net income figure for each of the 6 years after taking into account the inventory errors. Ove Errors in Inventories Understatement Jan. 1 Net Income Per Books $48,000 Overstatement Jan. 1 Year 2015 $ $ MO $ 2016 49,810 2017 51,980 2018 53,850 2019 55,690 2020 57,520 i 316,850 Your answer is partially correct. The net income per books of Sandra Robinson Company was determined without knowledge of the errors indicated below. Year 2015 2016 2017 2018 Net Income per Books $48.000 49,810 51,980 53.850 55,690 57,520 Error in Ending Inventory Overstated $ 2,890 Overstated 8,480 Understated 11,030 No error Understated 2,020 Overstated 7,480 2019 2020 Prepare a worksheet to show the adjusted net income figure for each of the 6 years after taking into account the inventory errors. Errors in Inventories Inderstatement Jan. 1 Overstatement Dec. 31 Understatement Dec. 31 Corrected Net Income 2890 TA $ 45110 8480 i 41,330 11.030 63010 53850 2020 57,710 7480 i 50,040 TA 311050