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Windsor Hardware reported cost of goods sold as follows. 2021 Beginning inventory Cost of goods purchased Cost of goods available for sale Less: Ending inventory Cost of goods sold 2022 $ 31,500 191,500 223,000 36,500 $186,500 $ 24,000 154,000 178,000 31,500 $146,500 Windsor made two errors: 1.2021 ending inventory was overstated by $3,250. 2. 2022 ending inventory was understated by $6,500. Compute the correct cost of goods sold for each year. 2022 2021 $ $ Cost of goods sold Blossom Camera Shop Inc. uses the lower-of-cost-or-net realizable value basis for its inventory. The following data are available at December 31 Net Realizable Value Units Unit Cost Item Cameras: Minolta Canon Light meters: Vivitar Kodak 4 12 $180 144 $153 180 14 20 137 117 110 132 What amount should be reported for inventory on Blossom Camera Shop's balance sheet, assuming the lower-of-cost-or-net realizable value rule is applied? The ending inventory $