prepare a schedule that shows a the reported net income for each year b the amount o 626019

Harris Company reported net income of USD 312,000 for 2009, USD 324,000 for 2010, and USD 348,000 Recently Harris corrected these inventory amounts. Harris used the correct 2011 December 31, inventory amount in calculating 2011 net income.

Prepare a schedule that shows: (a) the reported net income for each year, (b) the amount of correction needed for each year, and (c) the correct net income for each year.