Cullumber Company reported these income statement data for a 2-year period 2024 2025 Sales revenue $229.250 $274.600 Beginning inventory 29.000 36,430 Cost of goods purchased 156,920 218.030 Cost of goods available for sale 185,920 254460 Less: Ending inventory 36,430 49.780 Cost of goods sold 149.490 204,680 Gross profit $79.760 $69.920 Cullumber Company uses a periodic inventory system. The inventories at January 1, 2024, and December 31, 2025, are correct. However, the ending inventory at December 31, 2024, is overstated by $7.920. (a) Prepare correct income statement data for the 2 years Sales revenue Cost of goods sold Beginning inventory Cost of goods purchased Cost of goods available for sale Lesc Ending inventory Cost of goods sold Gross profit 2024 2025