Spore Co vses a petiodic imventory system. Beginning inventory on January 1,2020 was overstated by $16,000, and its ending inventory on December 31,2020 was undestated by $54000 These enors were not discovered until 2021 PARTA in Spores Cos cott el goods sold overstated or understated at the end of 2020 ? [2 points] Undersated B Orentuted PART : Why is the dolat mosunt at the overstatement/understsement of cost of goeds sold at the end of 2020 ? [2 points]