1 of 5 (0 complete) Score: 0 of 1 pt S6-9 (similar to) Rederco Pool Supplies's merchandise inventory data for the year ended December 31, 2019 follow Click the loon to view the inventory data) Read the requirements Requirement 1. Assume that the ending merchandise inventory was accidentally overstated by $1,100 What are the correct amounts for cont of goods sold and grous profit? Cost of goods sold in 2019 would be Enter any number in the edit belas and then click Check Answer Clear All parts Terning December 31, 2019, follow: - X Requirements 1. Assume that the ending merchandise inventory was accidentally overstated by $1,100 What are the correct amounts for cost of goods sold and gross profit? 2. How would the inventory error affect Riderco Pool Supplies's cost of goods sold and gross profit for the year ended December 31, 2020, if the error is not corrected in 2019? Print Done - i Data Table oss profit? $ 64,000 Net Sales Revenue Cost of Goods Sold: $ Beginning Merchandise Inventory 5,900 41.400 Net Cost of Purchases Cost of Goods Available for Sale 47,300 4.100 Less: Ending Merchandise Inventory 43 200 Cost of Goods Sold $ 20.800 Gross Profit