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Sheridan Hardware reported cost of goods sold as follows. Sheridan made two errors: 1. 2021 ending inventory was overstated by $3,200. 2. 2022 ending inventory

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Sheridan Hardware reported cost of goods sold as follows. Sheridan made two errors: 1. 2021 ending inventory was overstated by $3,200. 2. 2022 ending inventory was understated by $6,300. Compute the correct cost of goods sold for each year

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