Pina Colada Hardware reported cost of goods sold as follows. 2021 2022 Beginning inventory $21,500 $34,000 Cost of goods purchased 153,000 189,500 Cost of goods available for sale 174,500 223,500 Less: Ending inventory 34,000 36,500 Cost of goods sold $140,500 $187,000 Pina Colada made two errors: (1) 2021 ending inventory was overstated by $3,200, and (2) 2022 ending inventory was understated by $6,200. Compute the correct cost of goods sold for each year. Cost of goods sold 2021 2022