Assuming that none of the errors were detected or corrected, by what amount will 2004 operating income be overstated or understated?

Assuming that none of the errors were detected or corrected, by what amount will 2004 operating income be overstated or understated? A. $9,200 overstated b. $9,200 understated c. $18,800 understated d. $18,800 overstated ____ 16. Orchard Corporation"s capital stock at December 31 consisted of the following: (a) (b) Common stock, $2 par value; 100,000 shares authorized, issued, and outstanding.