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Swifty Enterprises reported cost of goods sold for 2 0 2 5 of $ 1 , 4 5 3 , 7 0 0 and retained

Swifty Enterprises reported cost of goods sold for 2025 of $1,453,700 and retained earnings of $5,392,600 at December 31,2025. Swifty later discovered that its ending inventories at December 31,2024 and 2025, were overstated by $102,820 and $37,880, respectively.
Determine the corrected amounts for 2025 cost of goods sold and December 31,2025, retained earnings.
Corrected cost of goods sold
$enter a dollar amount
Corrected 12/31/25 retained earnings
$enter a dollar amount

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