Homework. Chapter .o nomework Score: 0.67 of 1 pt 7 of 11 (7 complete) HW Score: 33.33%, 3.67 of % SF6-9 (similar to) Question Help Hercula Pool Supplies' merchandise inventory data for the year ended December 31, 2025, follow: E (Click the icon to view the inventory data.) Read the requirements Requirement 1. Assume that the ending merchandise inventory was accidentally overstated by $2,200. What are the correct amounts for cost of goods sold and profit? Cost of goods sold in 2025 would be Data Table Net Sales Revenue $ 66,000 Cost of Goods Sold: Beginning Merchandise Inventory $ 3,500 44,200 Plus: Net Cost of Inventory Purchased Cost of Goods Available for Sale 47,700 6,400 Less: Ending Merchandise Inventory Cost of Goods Sold 41,300 $ 24,700 Gross Profit