Cynthia Pharmacy reported cost of goods sold as follows: Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold 2021 $55,080 863,940 919,020 65,280 $853,740 2022 $65,280 908,820 974,100 56,100 $918,000 Cynthia made two errors: (1) 2021 ending inventory was overstated by $6,120. 2022 ending inventory was understated by $11,220. (2) Cynthia made two errors: (1) 2021 ending inventory was overstated by $6,120. (2) 2022 ending inventory was understated by $11.220. Assuming the errors had not been corrected indicate the dollar effect that the errors had on the items appearing on the financial statements listed below. Also indicate if the amounts are overstated or understated. 2021 2022 Overstated/ Overstated/ Amount Understated Amount Understated Total assets Stockholders equity Cost of goods $ sold $ $ $ V $ $