Take me to the text A company reponted ending inventony of \$31,000 in Yeat 1. It was dacovered in Vear 2 that the correct value of the ending inventory was 5112,000 for Year 1, and a correction was made Complete the following table based on this information. Assume the company uses the perpetual irwentory system. Donot enter dollacsigm or commos in the inout boxes. Enter a negative siga as appropriate for the Profititoss) line item