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Lucia Company reported cost of goods sold for Year 1 and Year 2 as follows: Lucia Company made two errors: 1) ending inventory at the

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Lucia Company reported cost of goods sold for Year 1 and Year 2 as follows: Lucia Company made two errors: 1) ending inventory at the end of Year 1 was understated by $15,100 and 2 ) ending inventory at the end of 2 was overstated by $6,100. Given this information, the correct cost of goods sold figure for Year 2 would be: Multiple Choice $249,500 $276,600 $264,400 $285,600 $291,700

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