Sue Company reported profit in 20A of $27,000 and in 20B of $32,000. Later it was discovered that the ending inventory for 20A was understated by $15,000. Disregard income taxes. The correct amounts of profit for 20A and 20B were which of the following?
A) Choice A
B) Choice B
C) Choice C
D) Choice D

Question

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The Answer of Sue Company reported profit in 20A of $27,000 and in 20B of $32,000. Later it was discovered that the ending inventory for 20A was understated by $15,000. Disregard income taxes. The correct amounts of profit for 20A and 20B were which of the following?
A) Choice A
B) Choice B
C) Choice C
D) Choice D

Sue Company Reported Profit in 20A of $27,000 and in 20B