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Crane Fishing Gear reported the following amounts for its cost of goods sold and ending inventory: Crane made two errors: (1) 2023 ending inventory was

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Crane Fishing Gear reported the following amounts for its cost of goods sold and ending inventory: Crane made two errors: (1) 2023 ending inventory was overstated by $6,930, and (2) 2024 ending inventory was understated by $5,430 Calculate the correct cost of goods sold and ending inventory for each year

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