Question: Given the following data: Overstated Understated Sales Returns $5 Ending Inventory $4 Freight-Out $15 Net Income is: Select one: O a. Overstated $24 O

Given the following data: Overstated Understated Sales Returns $5 Ending Inventory $4 Freight-Out $15 Net Income is: Select one: O a. Overstated $24 O b. Understated $24 O C. Overstated $6 O d. Understated $16 O e. Understated $18

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