Your answer is partially correct. Metlock Hardware reported cost of goods sold as follows. 2022 2021 Beginning inventory $ 31,500 $ 25,000 199,500 150,000 Cost of goods purchased Cost of goods available for sale 231,000 175,000 Less: Ending inventory 35,500 31,500 Cost of goods sold $195,500 $143,500 Metlock made two errors: 1.2021 ending inventory was overstated by $3,200. 2.2022 ending inventory was understated by $6,300. Compute the correct cost of goods sold for each year. 2022 2021 Cost of goods sold $ 201.800 $ 146,700