Net Sales Venus 1 50,000 -ryw Beginning Merchandis. Inventory 1 Net Costa Purhassa Cost of code Available for Sale Less Ending Merchandise Inventory 37400 4.700 Cost of boda Gold Data Table X Cost of Goods Sold $ 4,900 32,500 Beginning Merchandise Inventory Net Cost of Purchases Cost of Goods Available for Sale Less: Ending Merchandise Inventory Cost of Goods Sony 37,400 4,700 32.700 Gross Profit 26,300 Print Done This Question: 2 pts 25 of 26 ( 19 complete) This New York Pool Supplies's merchandise inventory data for the year ended December 31, 2019, follow (Click the icon to view the inventory data.) Read the requirements Requirement 1. Assume that the ending merchandise inventory was accidentally overstated by $1 800. What are the correct amounts for cost of goods sold and gross profit? Cost of goods sold in 2019 would be What is the correct amount of gross profit? Gross profit in 2019 would be Ranuirament? How will the inventor error affert New York Pool Sunnlies's rost nf onde end and romncs nrnfit for the vear ended Teremher 21 2000 if the error is not corrected in 70107 Choose from any list or enter any number in the input fields and then continue to the next question Gross profit in 2019 would be Requirement 2. How would the inventory error affect New York Pool Supplies's cost of goods sold and gross profit for the year ended December 31, 2020, if the error is not corrected in 2018? Cost of goods sold for 2020 would be I by How would the inventory error affect New York Pool Supplies's gross profit for the year ended December 31, 2020, if the error is not corrected in 2019? Gross profit for 2020 would be by Choose from any list or enter any number in the input fields and then continue to the next