$8.$ The Shirley's Gourmet Foods' merchandise inventory data for the year ended December $31,2018,$ follow:LOADING...$($Click the icon to view the data.$)$Assume that the ending merchandise inventory was accidentally overstated by $ $1$ comma $920.$ What are the correct amounts for cost of goods sold and gross profit? Question content area bottomPart $1$Assuming ending merchandise inventory was overstated by $$1,920,$ the correct amount for cost of goods sold is Part $2$ Assuming ending merchandise inventory was overstated by $$1,920,$ the correct amount for gross profit is