Two separate errors affected dryer shirts in 20x4 the, Accounting Basics

Two separate errors affected dryer shirts in 20x4 the

Two separate errors affected Dryer Shirts in 20X4. The beginning inventory was overstated by $17,000 and the ending inventory was overstated by $23,000. Ignoring taxes, net income in 20X4 will be:

a. overstated by $40,000 b. understated by $23,000 c. overstated by $23,000 d. overstated by $6,000 e. understated by $40,000 Why is the answer d can someone explain? thanks.

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