Shockley Co. reported the following amounts in its financial statements: (a) Cost of goods sold (b) Profit (c) Total current assets (d) Equity $ Financial Statements for Year Ended December 31. 2023 730,000 $ 235,000 2024 862,000 $ 290,000 1,185,000 1,295,000 1,317,000 1,460,000 In making the physical counts of inventory, the following errors were made: Inventory on December 31, 2023: understated $73,000 Inventory on December 31, 2024: overstated $29,000 2025 785,000 246,000 1,130,000 1,262,000