Riverbed Hardware Limited reported the following amounts for its cost of goods sold and Inventory: Cost of goods sold Ending inventory 2018 2017 $168,200 $153,200 37,000 30,300 Riverbed made two errors: (1) ending inventory for 2018 was overstated by $1,800 and (2) ending inventory for 2017 was understated by $4,200. Assume that neither error has been found or corrected Calculate the correct ending inventory and cost of goods sold amounts for each year, 2018 2017 Ending entory $ $ $ Cost of goods sold S Describe the impact of the error on (1) cost of goods sold, (2) income before income tax (3) assets. (4) liabilities, and (5) total shareholders' equity for each of the two years 2017 2018 $ sold $ Ending inventory $ Cost of goods sold $ Describe the impact of the error on (1) cost of goods sold, (2) income before income tax, (3) assets, (4) liabilities, and (5) total shareholders' equity for each of the two years. 2018 2017 (1) Cost of goods sold $ $ (2) Income before income tax $ $ $ $ '3) Assets $ $ (4) Liabilities $ (5) Total shareholders' equity