5. The internal auditors discovered that the ending inventory in the previous period was understated $30,000and that the ending inventory in the current period was overstated $40,000.INSTRUCTIONS: For each event, analyze the impact on the indicated items at the end of the current yearby placing the appropriate code letter in the box below under each item. Code”O”= item is overstated；Code”U”= item is understated； Code”NA”= item is not affected. Please copy the he box below in youranswer sheet and fill in it.