i just need help with number three.

thank you

E7-19 (Static) (Supplement 78) Analyzing and Interpreting the impact of an Inventory Error (LO 7- 521 Dallas Corporation prepared the following two income statements: First Quarter 115,000 Second Quarter $11,000 Sales Revenue Cost of Goods Sold Beginning Inventory Purchases Goods Available for Sale Ending Inventory Cost of boods Sold Gross Profit Operating Expertes Income from Operations $ 3.000 7,000 10,000 4,000 $4,000 12,000 16.00 9.00 5,000 9.000 5,000 14.000 7.000 11,000 6.000 $ 5.000 During the third quarter the company's internal auditors discovered that the ending inventory for the first quarter should have been $4.400. The ending inventory for the second quarter wos correct Required: 1. What effect would the error have on total income from Operations for the two quarters combined? 2. What effect would the error have on Income from Operations for each of the two quarters? 3. Prepare corrected income statements for each quorter. Ignore ncome toxes Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare corrected income statements for each quarter. Ignore income taxes Dallas Corporation Income statement (Partial First Quarter Second Quarter 0 0 5 0