Barry Corp. reported 2016 net income of $40,000. However, the ending inventory in 2015 had been understated by $3,000, and 2016's ending inventory had been overstated by $6,000. Barry's correct net income for 2016 was
A) $31,000
B) $34,000
C) $43,000
D) $46,000
Correct Answer:
Verified
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