eage An error in the ending inventory balance in Year 1 will also affect: (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Year 1 cost of goods sold Year 2 cost of goods sold Year 2 ending inventory Year 2 beginning inventory