Why the total error net income is still wrong even i get everything right on top?

Navajo Company's financial statements show the following. The company recently discovered that in making physical counts of inventory, It had made the following errors: Inventory on December 31. 2016, is understated by $56.000, and inventory on Decem 31, 2017, is overstated by $20,000 10 points (a) Cost of good 301d 615,000 ? 957,000 s 780,000 241, 000 1,255, 000 1, 365,00D200,000 1, 387, 000 1,530,000,242,000 285,000 (D) Ne,incurrent 230,000 (c) Total current asseta asset? (d) Total equity Required: 1. For each key financial statement figure-(. t d, and (df below prepare a table to show the adjustments necessary to correct t reported amounts 2. What is the error in total net income for the combined three-year period resulting from the inventory errors? Requiredi Required 2 For each key financial statement figure-(a), (b), (e), and (c) below prepare a table to show the adjustments necessary to correct the reported amounts. (Amounts to be deducted must be entered with a minus sign.) Cost of goods Reported amount Adjustments for 615,000 957 000S 780,000 12/31/2016 12/31/2017 20000(20,000) 559 000 is 1.033,000 ls 760 000 Corrected amount Net income Reported amount Adjustments for 230 000 S 285,000S241 000 56 000 (66 000) 1/2016 12/31/2017 (220000 Corrected amount S 286,000 209.000S261,000 1 of 1 Type here to search onouO