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Yan Dyke Pool Suppliee's merchandise inventory data for the year ended December 31,2019, folow: Cick the ioon to view the inventory data.) Read the fequirements

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Yan Dyke Pool Suppliee's merchandise inventory data for the year ended December 31,2019, folow: Cick the ioon to view the inventory data.) Read the fequirements Requirement 1. Assume that the ending mecchandise invontory was accidentally overstated by 52.600 . What are the correct amounts for cost of goods sold and grats profir? Cost of goods wold in 2019 would be Data table Requirements 1. Assume that the ending merchandise inventory was accidentally overstated by $2,500. What are the correct amounts for cost of goods sold and gross profit? 2. How would the inventory error affect Van Dyke Pool Supplies's cost of goods sold and gross profit for the year ended December 31,2020 , if the error is not corrected in 2019

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