Innovation Pool Supplies's merchandise inventory data for the year ended December 31, 2019, follow:

Sales Revenue		$54,000
Cost of Goods Sold:
Beginning Merchandise Inventory	$3,400
Net Cost of Purchases	42,400
Cost of Goods Available for Sale	45,800
Less: Ending Merchandise Inventory	3,900
Cost of Goods Sold		41,900
Gross Profit		$12,100

QUESTION: Assume that the ending merchandise inventory was accidentally overstated by $2,500. What are the correct amounts for cost of goods sold and gross profit:

Cost of goods sold in 2019 would be $___?

What is the correct amount of gross profit:

Gross profit in 2019 would be $____?