Inventory for the Current Accounting Period Is Understated by $2,700

inventory for the current accounting period is understated by $2,700. What effect will this error have on cost of goods sold?

A) Net income for the current period will be overstated by $2,700.
B) Beginning inventory for the next period will be overstated by $2,700.
C) Equity at the end of the next accounting period will be understated by $2,700.
D) Cost of goods sold for the current period will be overstated by $2,700.