Current Attempt in Progress Goddard Pty Ltd reported the following statement of profit or loss data for a 2-year period. 2015 $ 2016 $ Sales 448,000 513,000 Beginning inventory 65,500 82.900 Cost of goods purchased 371,600 402,500 Cost of goods available for sale 437,100 485,400 Ending inventory 82,900 100,100 Cost of sales 354,200 385,300 Gross profit 93,800 127,700 Goddard Pty Ltd uses a periodic inventory system. The inventories at 1 July 2014 and 30 June 2016 are correct. However, the ending inventory at 30 June 2015 is overstated by $12,100. Required Prepare correct statements of profit or loss data for the 2 years. Goddard Pty Ltd 2015 $ 2016 $