Angela Pharmacy reported cost of goods sold as follows: 2021 2022 Beginning inventory $57,240 $67,840 Cost of goods purchased 897,820 944,460 Cost of goods available for sale 955,060 1,012,300 Ending inventory 67,840 58,300 Cost of goods sold $887,220 $954,000 Angela made two errors: (1) 2021 ending inventory was overstated by $6,360. (2) 2022 ending inventory was understated by $11,660. Assuming the errors had not been corrected indicate the dollar effect that the errors had on the items appearing on the financial statements listed below. Also indicate if the amounts are overstated or understated. 2021 2022 Amount Overstated/ Understated Overstated/ Understated Amount Total assets $ Stockholders equity $ Cost of goods sold $ Net income 6 $