healthy bite mart reported the following comparative income statement for the years ended november 30 2014 and 2013/

During 2014, Healthy Bite Mart discovered that the 2013 ending inventory, as previously reported, was understated by $2,500.
Requirements
1. Prepare the corrected comparative income statement for the two-year period, complete with a heading for the statement.
2. What was the effect of the error on net income for the two years combined? Explain your answer.