Correcting net income relating to inventory #2

Backer Company reported the following net income amounts:

• 2006, $42,000
• 2007, $67,000
• 2008, $78,000

In 2009, the company discovered errors that had been made in computing the ending inventories for 2006 and 2007, as follows:

• 2006, Ending inventory overstated by $9,000.
• 2007, Ending inventory understated by $6,000.

Compute the correct net incomes for (1) 2006, (2) 2007, and (3) 2008.

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