Vaughn Manufacturing reported cost of goods sold as follows.

		2022		2021
Beginning inventory		$ 29,120		$ 18,840
Cost of goods purchased		189,170		165,850
Cost of goods available for sale		218,290		184,690
Less: Ending inventory		39,720		29,120
Cost of goods sold		$178,570		$155,570

Vaughn Manufacturing made two errors:

1.		2021 ending inventory was overstated by $1,850.
2.		2022 ending inventory was understated by $4,990.

Compute the correct cost of goods sold for each year.

		2021		2022
The correct cost of goods sold