Year 1 $ 127,000 251,400 Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold Year 2 $ 131,400 282,000 413.400 136,400 378,400 131,400 $ 247,000 $ 277,000 Cody Company made two errors: 1) ending inventory at the end of Year 1 was understated by $16,400 and 2) ending inventory at the end of Year 2 was overstated by $7,400. Given this information, the correct cost of goods sold figure for Year 2 would be: QUESTION 27 Discovery company needs to determine its year-end inventory. The warehouse contains 27.000 units, of which 3,700 were damaged by flood and are not sellable Another 2,700 units were purchased from Markor Company, FOB shipping point, and are currently in transit. The company also consigns goods and has 4,700 units at a consignee's location. How many units should Sandoval include in its year-end inventory? Click Save and Submit to save and submit. Click Save All Ansters to save all unsters. SAMSUNG