need help only answer with in 40/50 mins please

[Marks:4] Multiple Choice Questions: Write the correct answer in the answer sheet 1. Atlantis Company's ending inventory is understated $4,000. The effects of this error on the current year's cost of goods sold and net income, respectively, are OUnderstated, overstated O Overstated, understated Overstated, overstated O Understated, understated 2. Cost of goods available for sale is reported on the income statement of: Oa merchandising company but not a manufacturing company Oa manufacturing company but not a merchandising company Oa merchandising company and a manufacturing company Oneither a manufacturing company nor a merchandising company 3. Addition to plant assets are: O revenue expenditures O capital expenditures O debited to purchase accounts O debited to maintenance and repair account 4. If beginning inventory is $60,000, Freight out $10,000, cost of goods purchased is $380,000 and ending inventory is $50,000, cost of goods sold is: O $390,000 O $370.000 O $330.000 O $420,000 - END