59 Galena Pharmacy reported cost of younds sold as follows 2020 5 6.000 2019 Beginning inventory $ 54,000 Cost of goods purchased B67.000 Cost of goods available for sale 901,000 Ending inventory 64.000 Cost of goods sold $837.000 Jim Holt, the bookkeeper, made two errors (1) 2019 ending inventory was overstated by 57,000. (2) 2020 ending inventory was understated by 516,000 REQUIRED: Calculate the correct amount of cost of goods sold for 2019 and 2020 hp Galena Pharmacy reported cost of goods sold as follows: 2019 2020 Beginning inventory $ 54,000 Cost of goods purchased 847,000 Cost of goods available for sale 901,000 Ending inventory 64,000 Cost of goods sold $837.000 $ 64,000 891.000 955,000 55,000 $900.000 Jim Holt, the bookkeeper, made two errors: (1) 2019 ending inventory was overstated by $7,000. (2) 2020 ending inventory was understated by $16,000, REQUIRED: Calculate the correct amount of cost of goods sold for 2019 and 2020. hp