MC Qu. 84 Hull Company reported... Hull Company reported the following income statement information for the current year $410,000 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 $132,000 273.000 405,000 144,000 261,000 $149,000 The beginning inventory balance is correct. However, the ending inventory figure was overstated by $20,000 Given this information, the correct gross profit would be Multiple Choice O $149,000 0 $169.000