Tamarisk, Inc. reported these income statement data for a $2-$year period.

Tamarisk, Inc. uses a periodic inventory system. The inventories at January $1,2021,$ and December $31,2022,$ are correct. However, the

ending inventory at December $31,2021,$ is overstated by $$5,000.$

$($a$)$

Prepare correct income statement data for the $2$ years.