Leah Co reported $7,000 of net income for 2016. The following errors were then discovered: · Ending 2015 accrued expense was understated by $800. · Ending 2016 unearned revenue was overstated by $75. · Ending 2015 unearned revenue was overstated by $380. Ignoring income taxes, what is the correct amount of 2016 net income?

A) $6,505
B) $5,895
C) $7,495
D) $6,655


C

Business

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