A Company reported cost of goods sold for Year 1 and Year 2 as follows: Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold Year 1 Year 2 $123,000 $130, 600 250, 600 278,000 373,600 408,600 130,600 135,600 $243,000 $273,000 A Company made two errors: 1) ending inventory at the end of Year 1 was understated by $15,600 and 2) ending inventory at the end of Year 2 was overstated by $6,600. Given this information, the correct co goods sold figure for Year 2 would be: Multiple Choice $288.600 $295,200 $279,600 $252.000 $266,400