Bienvenu Enterprises reported cost of goods sold for $2020$ of $$1,400,000$ and retained earnings of $$5,200,000$ at December $31,2020.$ Bienvenu later discovered that its ending inventories at December $31,2019$ and $2020,$ were overstated by $$110,000$ and $$35,000,$ respectively. Determine the corrected amounts for $2020$ cost of goods sold and December $31,2020,$ retained earnings.