Vieta,Inc.'s CFO discovered a program error in its inventory program in early 2018,when she was making year-end adjustments to the financial statements for 2017.The errors began in 2015.Below is a summary of the sales and cost of goods sold on income statement items for the three years:
Upon further analysis,the CFO determined that each of the years had ending inventory errors.The correct amounts for the years were: 2015,$231,000; 2016,$350,000; and 2017,$474,000.The amounts for 2015 beginning inventory and all purchases are correct as stated.
Required:

Question

Vieta,Inc.'s CFO discovered a program error in its inventory program in early 2018,when she was making year-end adjustments to the financial statements for 2017.The errors began in 2015.Below is a summary of the sales and cost of goods sold on income statement items for the three years:
  Upon further analysis,the CFO determined that each of the years had ending inventory errors.The correct amounts for the years were: 2015,$231,000; 2016,$350,000; and 2017,$474,000.The amounts for 2015 beginning inventory and all purchases are correct as stated.
Required:

Vieta,Inc'S CFO Discovered a Program Error in Its Inventory Program