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Concord Hardware reported cost of goods sold as follows. Concord made two errors: 1. 2021 ending inventory was overstated $3,520. 2. 2022 ending inventory was

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Concord Hardware reported cost of goods sold as follows. Concord made two errors: 1. 2021 ending inventory was overstated $3,520. 2. 2022 ending inventory was understated $6,160. Compute the correct cost of goods sold for each year

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