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If a company overstates its ending inventory balance for 2017 by $10,000, and overstates its ending inventory balance for 2016 by $5,000 what are the effects on its net income for 2017 and 2016?
Effect on 2017 Net Income Effect on 2016 Net Income
Domestic Service
Work involving household tasks such as cleaning, cooking, and child-rearing, often performed by hired personnel within private homes, traditionally a common form of employment for women.
Working-Class Family
A family whose income earners are employed in blue-collar jobs or occupations, which typically involve manual labor or skilled trades.
Sunshine And Shadow
A metaphorical expression representing the alternation or coexistence of positive (sunshine) and negative (shadow) aspects of life.
New York
A state located in the northeastern U.S., known for its cultural, financial, and commercial influence, with New York City as its most populous city.
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