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hello I would like some help with this problem, I need to finish it within the next 20 minutes, I have attached an excel file

hello I would like some help with this problem, I need to finish it within the next 20 minutes, I have attached an excel file to this problem, please put solution how you got to the answer. I need it within the next 20 minutes.

image text in transcribed Hamid's Hardware reported cost of goods sold 2016 Beginning inventory $ 21,000 Cost of goods purcha 151,500 Cost of goods available 172,500 Ending inventory 32,500 Cost of goods sold $140,000 Hamid's made two errors: (1) 2016 ending inve Compute the correct cost of goods sold for eac 2016 Cost of goods sold $ ported cost of goods sold as follows. 2017 $ 32,500 187,500 220,000 35,500 $184,500 rrors: (1) 2016 ending inventory was overstated $3,150, and (2) 2017 ending inventory was understated $6,250. cost of goods sold for each year. 2017 $

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