Exercise 6-8 (Part Level Submission) Ayayai Hardware Limited reported the following amounts for its cost of goods sold and Inventory: 2017 2018 Cost of goods sold $169,200 $152.900 Ending inventory 37,400 29.400 Ayayai made two errors: (1) ending inventory for 2018 was overstated by $2,000 and (2) ending inventory for 2017 was understated by $4,100. Assume that neither error has been found or corrected. (a) Calculate the correct ending inventory and cost of goods sold amounts for each year. 2018 2017 Ending inventory Cost of goods sold Exercise 6-10 (Part Level Submission) Littleton Electronics Ltd. reports the following cost and net realizable value information for its inventory at January 31 Units Unit Cost Unit NRV Cameras: $175 $158 Kodak 4 Minolta 8 150 153 Light Meters: 12 139 144 Gossen Sekonic 10 112 107 (a) Determine the lower of cost and net realizable value of the ending inventory. LCNRV Cameras: Kodak Minolta Light Meters: Gossen Sekonic Total st00