Vaughn's Hardware reported cost of goods sold as follows. 2021 2022 $ 27,000 $ 17,000 172,000 150,000 Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold 199,000 167,000 32.000 27,000 $167.000 $140,000 Vaughn's made two errors: (1) 2021 ending inventory was overstated $3,000, and (2) 2022 ending inventory was understated $5.000. Compute the correct cost of goods sold for each year. 2022 2021 Cost of goods sold $ 172.000 $ 16000