Swifty Company understated its inventory by $20500 at December 31, 2020. It did not correct the error in 2020 or 2021. As a result, Swifty's owner's equity was

Swifty Company understated its inventory by 20500 at December 31 2020 It did not correct the error in 2020 or 2021 As a result Swiftys owners equity was class=