Ending inventory for the year ended December 31, 2008, is overstated by $10,000. How will this affect net income for 2009?

Name: Ending inventory for the year ended December 31, 2008, is overstated by $10,000. How will this affect net income for 2009?
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The overstatement of ending inventory in 2008 will lead to an overstatement of net income for 2008. However, the beginning inventory for 2009 will also be overstated by $10,000, leading to an understatement of net income for 2009 by the same amount.

Ending Inventory for the Year Ended December 31, 2008, Is