What effect did this error have on the combined pretax income of the two quarters?

• effect on pretax income of the two quarters?

Which quarter's or quarters' (if any) EPS amounts were affected by this error?

\begin{tabular}{|c|c|c|} \hline & First Quarter & Second Quarter \\ \hline \multicolumn{3}{|l|}{ Sales revenue } \\ \hline \multicolumn{3}{|c|}{ Cost of goods sold: } \\ \hline \multicolumn{3}{|c|}{ Beginning inventory } \\ \hline \multicolumn{3}{|l|}{ Purchases } \\ \hline \multicolumn{3}{|c|}{ Goods available for sale } \\ \hline \multicolumn{3}{|c|}{ Ending inventory } \\ \hline \multicolumn{3}{|c|}{ Cost of goods sold } \\ \hline \multicolumn{3}{|l|}{ Gross profit } \\ \hline \multicolumn{3}{|l|}{ Expenses } \\ \hline Pretax income & 7 & 7 \\ \hline \end{tabular} During the third quarter, it was discovered that the ending inventory for the first quarter should have been $5,070. Required: 1. What effect did this error have on the combined pretax income of the two quarters? 2. Which quarter's or quarters' (if any) EPS amounts were affected by this error? 3. Prepare corrected income statements for each quarter. 4. Prepare the schedule to reflect the comparative effects of the correct and incorrect amounts on the income