Lucia Company reported cost of goods sold for Year 1 and Year 2 as follows Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold 126,000 $131,200 251,200 281,000 377,200 412,200 131,200 136,200 246,000 $276,000 Lucle Company made two errons:10 ending Inventory at the end of Year 1 was understated by $16,200 and 2) ending Inventory the end of Year 2 was overstated by $7200. Given this information, the correct cost of goods sold figure for Year 2 would be Multiple Choice 8 commandoption