Brenda Company reported these income statement data for a 2-year period.

		2022		2021
Sales		$325,000		$273,000
Beginning inventory		52,000		39,000
Cost of goods purchased		262,600		224,900
Cost of goods available for sale		314,600		263,900
Ending inventory		65,000		52,000
Cost of goods sold		249,600		211,900
Gross profit		$75,400		$61,100

Brenda uses a periodic inventory system. The inventories at January 1, 2021 and December 31, 2022, are correct. However, the ending inventory at December 31, 2021 is overstated by $5,200.

Prepare correct income statement data for the 2 years AND What is the cumulative effect of the inventory error on total gross profit for the 2 years?