5 - Classwork - Reporting and Analyzing Inventory Question 12 of 13

5. Classwork - Reporting and Analyzing Inventory Question 12 of 13 Current Attempt in progress glue Spruce Corp. reported cost of goods sold as follows. Beginning inventory Cost Of goods purchased Cost of goods available for sale Less; Ending inventory Cost of goods sold Blue Spruce Corp made two errors: 2022 S 30990 178,120 209.110 39.930 $169,180 2021 $ 18890 154.350 173240 30.990 3142.250 2021 ending inventory was overstated by $1.960. 2022 ending inventory was understated by "710. Cornpute the correct cost ot gcods sold for each year. The correct cost of gcnds sold eTextbook and Media