please answer within 30minutes

SECTION 3 - EXTRA CREDIT Fill in the blanks by either putting T (True) or F (False). Please only put T or F as an answer.

1) An overstated Ending Inventory in YR1 will result in an understated COGS in YR1.
2) An understated Ending Inventory in YR1 will result in an understated COGS in YR2.
3) An overstated Ending Inventory in YR1 will result in an understated Retained Earnings in YR2.
4) An understated Ending Inventory in YR1 will result in understated Net Income in YR2.
5) An overstated Ending Inventory and purchases in YR1 will result in an overstated Beginning Inventory in YR2.