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Jacob's Hardware reported cost of goods sold as follows. Jacob's made two errors: 2011 ending inventory was overstated $3,400, and (2) 2012 ending inventory was

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Jacob's Hardware reported cost of goods sold as follows. Jacob's made two errors: 2011 ending inventory was overstated $3,400, and (2) 2012 ending inventory was understated $6,340. Compute the correct cost of goods sold for each year. The correct cost of goods sold

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