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edi-Other Bookmarks M Gmail New Tab D Help S Lucia Company reported cost of goods sold for Year 1 and Year 2 as follows Beginning inventory Cost of goods purchased $123,000 $130,600 250,600 278,000 Cost of goods available for sale 373,600 408,600 130,600 135,600 243,000 $273,000 Ending inventory Cost of goods sold Lucia Company made two errors ending inventory at the end of Year 1 was understated by S15.600 and 2 ending inventory at the end of Year 2 was overstated by SEE Given this information, the correct cost of goods sold figure for Year 2 would be Multiple Choice $288.500 $279600 266,400 Prev 2of10 Next>