Kingbird Hardware reported cost of goods sold as follows. Beginning inventory Cost of goods purchased Cost of goods available for sale Less: Ending inventory Cost of goods sold 2022 $ 31,000 200,000 231,000 35,000 $196,000 2021 $ 22,500 153,000 175,500 31,000 $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. 2022 2021 Cost of goods sold $