Culver Inc. reported the following partial statement of income data for the years ended December 31, 2021, and 2020: 2020 Sales Cost of goods sold Gross profit 2021 $274,000 212,000 $255,000 200,430 54,570 62,000 The company reported inventory in the statement of financial position at $45,200, $50,800, and $49,000 at the end of 2019, 2020, and 2021, respectively. The ending inventory amounts for 2019 and 2021 are correct. However, the ending inventory at December 31, 2020, is understated by $7,905. (a) Prepare correct statements of income for 2020 and 2021 through to gross profit. 2021 2020 Sales $ $ Cost of goods sold Gross profit $ $