I am having hard time with this question. Please solve it from the scratch as I didn't find anything helpful with the questions solved before. thanks

Vibrant Company had $850,000 of sales-in each of three consecutive years 2017-2019, and it purchased merchandise costing $500,000 in each of those years. It also maintained a $250,000 physical inventory from the beginning to the end of that three-year period. In accounting for inventory, it made an error at the end of year 2017 that caused its year-end 2017 inventory to appear on its statements as $230,000 rather than the correct $250,000. Required: 1. Determine the correct amount of the company's gross profit in each of the years 2017-2019. 2. Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and gross profit for each of the years 2017-2019. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare comparative income statements to show the effect of this error on the company's cost of goods sold and gross profit for each of the years 2017-2019. VIBRANT COMPANY Comparative Income Statements 2017 2018 2019 3-year total Cost of goods sold $ 0 0 0 0 Cost of goods sold Gross profit 0 0 $ 0 0 0 $ 0 $ $ 0