Question: Box Company received a bill on December 30 for a computer costing $225,000, which was received on December 28 for use in data management. The computer was purchased from one of Box's regular vendors and will be paid for under normal terms of 2/10, net 30. The estimated life of the computer is five years. If the transaction is not recorded as of December 31, what is the effect of the omitted entry with respect to the calendar year numbers (ignoring depreciation on the computer)? Group of answer choices overstatement in net income from operations of $225,000. understatement in inventory of $225,000 overstatement of the current ratio. all of the above.