Question 9 View Policies Current Attempt in Progress The net income per books of Barbara Jones Company was determined without knowledge of the errors indicated below. Net Income per Books Error in Ending Inventory Year $53,900 2015 2016 55,880 Overstated Overstated Understated $2,930 9,050 10,220 No error 2017 2018 2019 2020 57,970 59,940 62,080 64,070 Understated Overstated 1,820 7,610 Prepare a worksheet to show the adjusted net income figure for each of the 6 years after taking into account the inventory errors. Errors in Inventories Net Income Per Books Overstatement Jan. 1 Understatement Jan. 1 Overstatement Dec. 31 Understatement Dec. 31 Corrected Net Income Year $53,900 $ 2015 2016 2017 55,880 57,970 59,940 2018 2019 62,080 2020 64,070 e Textbook and Media Attempts: 0 of 3 used Says for Later Submit