Question 5 View Policies Current Attempt in Progress s Oriole Company reported cost of goods sold as follows. Beginning inventory . Cost of goods purchased Cost of goods available for sale Less: Ending inventory Cost of goods sold 2017 2016 $30,150 $20,730 174,240 150,450 204,390 171,180 35,230 30,150 $169,160 $141,030 Oriole Company made two errors: 1. 2016 ending inventory was overstated by $2,140. 2. 2017 ending inventory was understated by $5,430. Compute the correct cost of goods sold for each year. 2016 2017 The correct cost of goods sold $