Shockley Co. reported the following amounts in its financial statements: Financial Statements for Year Ended December 31. (a) Cost of goods sold (b) Profit (c) Total current assets (d) Equity 2020 2021 2022 680,000 $ 812,000 $ 735,000 185,000 1,085,000 240,000 1,195,000 196,000 1,030,000 1,217,000 1,360,000 1,162,000 In making the physical counts of inventory, the following errors were made: Inventory on December 31, 2020: understated $63,000 Inventory on December 31, 2021: overstated $39,000 Required: For each of the preceding financial statement items (a), (b), (c), and (d)-prepare a schedule similar to the following and show the adjustments that would have been necessary to correct the reported amounts. (Negative answers should be indicated by a minus sign.) 2020 2021 2022 a. Cost of goods sold: Reported $ 680.000 A