Lisa Company reported these income statement data for a 2-year period. 2022 2021 Sales $295,000 $247,800 Beginning inventory 47,200 35,400 Cost of goods purchased 238,360 204,140 Cost of goods available for sale 285,560 239,540 Ending inventory 59,000 47,200 Cost of goods sold 226,560 192,340 Gross profit $68,440 $55,460 Lisa uses a periodic inventory system. The inventories at January 1, 2021 and December 31, 2022, are correct. However, the ending inventory at December 31, 2021 is overstated by $4,720. Prepare correct income statement data for the 2 years. 2021 2022 Sales Sales Cost of Goods Sold Beginning Inventory Cost of Goods Purchased Cost of Goods Available for Sale - Ending Inventory Cost of Goods Sold Gross Profit What is the cumulative effect of the inventory error on total gross profit for the 2 years? (If answer is zero please enter O, do not leave any field blank.) Total gross profit for the two years $