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Blossom Hardware reported cost of goods sold as follows. They use the periodic inventory system. Blossom made two errors: 1. 2024 ending inventory was overstated

image text in transcribed Blossom Hardware reported cost of goods sold as follows. They use the periodic inventory system. Blossom made two errors: 1. 2024 ending inventory was overstated by $2,050. 2. 2025 ending inventory was understated by $5,300. Compute the correct cost of goods sold for each year

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