Use the Following Information for Questions the 2014 and 2015

Multiple Choice

Use the following information for questions The 2014 and 2015 financial statements of Banana Inc.contained the following errors:
-Assuming that none of the errors were detected or corrected, by what amount will 2015 income before taxes be overstated or understated?

A) $28,600 understated
B) $23,800 understated
Reporting Financial Performance 4 - 17
C) $13,400 understated
D) $13,400 overstated