Bonita Enterprises reported cost of goods sold for 2017 of $1,459,100 and retained earnings of $5.510,900 at December 31, 2017 Bonita later discovered that its ending inventories at December 31, 2016 and 2017 were overstated by $100,450 and $38.500, respectively. Determine the corrected amounts for 2017 cost of goods sold and December 31, 2017 retained earnings. Corrected cost of goods sold Corrected 12/31/17 retained earnings $