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Windsor, Inc. reported cost of goods sold as follows. Beginning inventory Cost of goods purchased Cost of goods available for sale Less: Ending inventory Cost
Windsor, Inc. reported cost of goods sold as follows. Beginning inventory Cost of goods purchased Cost of goods available for sale Less: Ending inventory Cost of goods sold 2022 $ 31,390 169.490 200,880 40,600 $160,280 2021 $ 19,700 160,320 180,020 31,390 $148,630 Windsor, Inc. made two errors: 2021 ending inventory was overstated by $2,160. 2022 ending inventory was understated by $4.980. 1 2 Compute the correct cost of goods sold for each year. 2021 2022 The correct cost of goods sold $ $ 150790 155300
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