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A Company Discovered in 2019 That It Had Overstated the Inventory

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A company discovered in 2019 that it had overstated the inventory balance for December 31, 2017 by $10,000. The company had (incorrectly) reported Net Income to be $300,000 for 2017, and $400,000 for 2018.
What are the corrected Net Incomes for 2017 and 2018?
A company discovered in 2019 that it had overstated the inventory balance for December 31, 2017 by $10,000. The company had (incorrectly) reported Net Income to be $300,000 for 2017, and $400,000 for 2018. What are the corrected Net Incomes for 2017 and 2018?

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