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Flint Enterprises Ltd$.$ reported cost of goods sold for $2023$ of $$2\mathrm{.}3$ million and retained earnings of $$4\mathrm{.}4$ million at December $31,2023.$ Flint later discovered that its ending inventories at December $31,2022$ and $2023,$ were overstated by $$160,000$ and $$42,000,$ respectively.

Determine the correct amounts for $2023$ cost of goods sold and December $31,2023$ retained earnings.

Corrected cost of goods sold

$

Corrected $12/31/23$ retained earnings

$

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