The City Store reported the following amounts on their financial statements for Year 1, Year 2, and Year 3:

	For the year ended December 31
	Year 1	Year 2	Year 3
Cost of goods sold	$65,000	$97,000	$87,000
Net profit	32,000	35,000	31,000
Total current assets	255,000	265,000	210,000
Equity	387,000	395,000	404,000

It was discovered early in Year 4 that the ending inventory on December 31, Year 1 was overstated by $7,500, and the ending inventory on December 31, Year 2 was understated by $3,000. The ending inventory on December 31, Year 3 was correct. Ignoring income taxes determine the correct amounts of cost of goods sold, net profit, total current assets, and equity for each of the years Year 1, Year 2, and Year