P7-5 Analyzing and Interpreting the Effects of Inventory Errors LO7-5 The statements of earnings for Pruitt Company summarized for a four-year period show the following (amounts in thousands of dollars): Sales revenue Cost of sales 2021 $3,725 2020 2,355 $4,150 2,477 2019 $4,400 2,632 2018 $4,675 2,963 Gross profit 1,370 1,673 1,768 1,712 Operating expenses 660 683 708 712 Pretax earnings 710 Income tax expense (40%) 284 990 396 1,060 424 1,000 400 Net earnings $ 426 $ 594 $ 636 $ 600 An audit revealed that in determining these amounts, the ending inventory for 2019 was understated by $56. Required: 1. Revise these statements of earnings to reflect the correct amounts. (Do not round intermediate calculations. Round the final answers to the nearest dollar amount.)