The following information is taken from the records of Perfect Fit Fashions Inc. for 2019 and 2020 2019 2020 Beginning inventory $29,000 $41,000 Ending inventory $41,000 $31,000 Cost of goods sold $52,000 $48,000 Gross profit $25,000 $29,000 The company performed an inventory count at the end of 2019 and 2020 and discovered that the ending inventory amounts listed above were incorrect as follows: Error in Ending Inventory $ Amount 2019 Overstated $17100 2020 Understated $1200 Required: What is the corrected net profit for 2019