Galena Pharmacy reported cost of goods sold as follows: Jim Holt, the bookkeeper, made two errors: (1) 2022 ending inventory was overstated by $7 , 000 . (2) 2023 ending inventory was understated by $16 , 000 . Assuming the errors had not been corrected, indicate the dollar effect that the errors had on the Instructions items appearing on the financial statements listed below. Also indicate if the amounts are