Sandra Pharmacy reported cost of goods sold as follows: 2021 2022 $52,920 $62,720 830,060 873,180 Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold 882,980 935.900 62.720 53.900 $820,260 $882,000 Sandra made two errors: (1) 2021 ending inventory was overstated by $5,880. (2) 2022 ending inventory was understated by $10,780. Assuming the errors had not been corrected indicate the dollar effect that the errors had on the items appearing on the financial statements listed below. Also indicate if the amounts are overstated or understated. 2021 2022 Amount Overstated/ Understated Overstated/ Understated Amount Total assets $ Stockholders' equity $ Cost of goods sold $ Net income $ $