Ian's Small Appliances reported cost of goods sold as follows: Ians made two errors: 1. 2009 ending

Ian's Small Appliances reported cost of goods sold as follows:

Ian’s made two errors:
1. 2009 ending inventory was understated by $5,000.
2. 2010 ending inventory was overstated by $2,000.
Calculate the correct cost of goods sold for 2009 and2010.

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2009 $130,000 275,000 405,000 50,000 $355,000 2010 $50,000 240,000 290,000 40,000 $250,000 Beginning inventory Cost of goods available for sale Ending inventory Cost of goods sold