Sheridan Company reported cost of goods sold as follows.

	2017	2016
Beginning inventory	$ 31,870	$ 18,240
Cost of goods purchased	159,130	159,290
Cost of goods available for sale	191,000	177,530
Less: Ending inventory	38,430	31,870
Cost of goods sold	$152,570	$145,660

Sheridan Company made two errors:

1.		2016 ending inventory was overstated by $2,170.
2. 2017 ending inventory was understated by $4,890

	2016	2017
The correct cost of goods sold	$	$

Compute the correct cost of goods sold for each year.