Kingbird Hardware reported cost of goods sold as follows.

		2022		2021
Beginning inventory		$ 31,000		$ 22,500
Cost of goods purchased		200,000		153,000
Cost of goods available for sale		231,000		175,500
Less: Ending inventory		35,000		31,000
Cost of goods sold		$ 196,000		$ 144,500

Kingbird made two errors: 1. 2021 ending inventory was overstated by $ 3,300. 2. 2022 ending inventory was understated by $ 6,500. Compute the correct cost of goods sold for each year.