Elliotts Hardware reported cost of goods sold as follows. 2016 2017 Beginning inventory $ 20,000 $ 34,000 Cost of goods purchased 153,000 205,000 Cost of goods available for sale 173,000 239,000 Ending inventory 34,000 37,000 Cost of goods sold $139,000 $202,000 Elliotts made two errors: (1) 2016 ending inventory was overstated $3,100, and (2) 2017 ending inventory was understated $6,300. Compute the correct cost of goods sold for each year.