Homework: Chapter 6 Hom Score: 0 33 of 1 pt 1 of 5 (4 core) HW Score: 462% 231 of 5 pts S6-9 (similar to) Question Help idence Pool Supplies's merchandise inventory data for the year ended December 31, 2019. follow Click the icon to view the inventory data) Read the cent Requirement 1. Assume that the ending merchandise inventory was crentalyoverstated by $1,100 What are the conted mounts for cost of goods sold and yons profiel Cost of goods sold in 2019 would be 5 44300 What is the correct amount of gros profit? Gross profit in 2019 would be $ 19 700 Requirement 2. How would the inventory error affect Ride Pool Supplies's cost of goods sold and gross profit for the year anded December 31, 2020, the error is not corrected in 20192 > ovated by Cost of goods sold for 2020 would be Choose from any stor enter any number the input felds and then click Check Answer Da Clear All Check Answer 1 9.151 Requirements Requirement 1. Assume that the ending mg Cost of goods sold in 2019 would be What is the correct amount of gross profit? 1. Assume that the ending merchandise Inventory was accidentally overstated by $1,100. What are the correct amounts for cost of goods sold and gross $ 19,700 profit? Gross profit in 2019 would be |mber 31, 2020, if the error is not 2. How would the inventory error affect Riderco Pool Supplies's cost of goods sold and gross profit for the year ended December 31, 2020, if the error is not corrected in 2019? Requirement 2. How would the inventory In 2019? Cost of goods sold for 2020 would be Print Done - Pool Supplies's merchandise inventory data for the ended ack the icon to view the inventory dat Data Table me requirements cost of goods sold and gross profit? 64000 S rement 1. Assume that the ending me of goods sold in 2019 would be is the correct amount of gross profit? profit in 2019 would be 19.700 5.900 41,400 Net Sales Revenue Cost of Goods Sold Beginning Merchandise Inventory Net Cost of Purchases Cost of Goods Available for Sale Less: Ending Merchandise Inventory Cost of Goods Sold 47300 4,100 mber 31, 2020. if the error is not corrected irement 2. How would the inventory 197 43 200 5 20,800 of goods sold for 2020 would be Gross Profit Print Done