Current Attempt in Progress Vaughn Hardware reported cost of goods sold as follows. 2019 2020 Beginning inventory $27,000 $41,000 Cost of goods purchased 170,000 200,000 Cost of goods available for sale 197,000 241,000 Ending inventory 41,000 45,000 Cost of goods sold $156,000 $196,000 Vaughn made two errors: (1) 2019 ending inventory was overstated $3.600, and (2) 2020 ending inventory was understated $7.200