I need to know if its right or wrong. for the seconf requirment, the retained earning didnt have an option saying corrected

also the begining inventory for seconf requirment. not sure if its right

During 2018, WMC Corporation discovered that its ending inventories reported on its financial statements were misstated by the following amounts: 2016 understated by 2017 overstated by $136,000 182,000 WMC uses the periodic inventory system and the FIFO cost method. Required 1-a. Determine the effect of 2016 errors on retained earnings at January 1, 2018, before any adjustments. (Ignore income taxes.) 1-b. Determine the effect of 2017 errors on retained earnings at January 1, 2018, before any adjustments. (Ignore income taxes.) 2. Prepare a journal entry to correct the error made in 2017. Complete this question by entering your answers in the tabs below Req 1A Req 1B Req 2 Determine the effect of 2016 errors on retained earnings at January 1, 2018, before any adjustments. (Ignore income taxes.) (If the answers is no effect then select "No effect" in the dropdown.)