Pina Colada Hardware reported cost of goods sold as follows. 2022 2021 Beginning inventory $ 34,000 $ 21,500 189,500 153,000 Cost of goods purchased Cost of goods available for sale 223,500 174,500 Less: Ending inventory 36,500 34,000 Cost of goods sold $ 187,000 $ 140,500 Pina Colada made two errors: 1.2021 ending inventory was overstated by $3,200. 2.2022 ending inventory was understated by $ 6,200. Compute the correct cost of goods sold for each year. 2022 2021 Cost of goods sold $ $