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2022 Vaughn Company understated its 2021 ending inventory by $30,750. Determine the impact this error has on ending inventory, cost of goods sold, and

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2022 Vaughn Company understated its 2021 ending inventory by $30,750. Determine the impact this error has on ending inventory, cost of goods sold, and owner's equity in 2021 and 2022. Ending inventory Cost of goods sold Owner's equity SA 2021 SA EA < $ LA $

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