Sheridan Company reported the following amounts for its cost of goods sold and ending inventory: 2021 2020 Cost of goods sold $123,000 $173,000 Ending inventory 30.000 30,000 Sheridan made two errors: {'1} 2020 ending inventory was overstated by $6.500. and [2} 2021 ending inventory was understated by $5,000. Calculate the correct cost of goods sold and ending inventory for each year. 2021 2020 Correct endinginventory $ I 33 l Correct cost of goods sold 55 I $ l