Racer Luggage Sales uses a periodic inventory system. The inventory data for the year ended December 31, 2020, follow. Cost of goods sold in 2020 would be s $ 150,000 Sales revenue Cost of goods sold: Beginning inventory Net purchases Cost of goods available for sale Less: Ending inventory Cost of goods sold $ 24,000 98,000 122.000 (26,000) 96,000 Gross margin $ 54,000 Assume that the ending inventory was accidentally overstated by $4.800. What are the correct amounts of cost of goods sold and gross margin after correcting this error