For Calendar 2017, Redfern Corporation Reported Pre-Tax Income of $270,000

Multiple Choice

For calendar 2017, Redfern Corporation reported pre-tax income of $270,000.You have been made aware that the company's beginning inventory was overstated by $14,000 and ending inventory was understated by $9,000.What is Redern's corrected pre-tax income for 2017?

A) $270,000
B) $275,000
C) $265,000
D) $293,000