Question: can you please help me solve this question. Data table Requirements 1. Assume that the ending merchandise inventory was accidentally overstated by $1,800. What are
can you please help me solve this question.


Data table Requirements 1. Assume that the ending merchandise inventory was accidentally overstated by $1,800. What are the correct amounts for cost of goods sold and gross profit? 2. How would the inventory error affect New York Pool Supplies' cost of goods sold and gross profit for the year ended December 31,2026 , if the error is not corrected in 2025? New York Pool Supplies' merchandise inventory data for the year ended December 31, 2025, follow: (Click the icon to view the inventory data.) Read the requirements. Requirement 1. Assume that the ending merchandise inventory was accidentally overstated by $1,800. What are the correct amounts for cost of goods sold and gross profit? Cost of goods sold in 2025 would be What is the correct amount of gross profit? Gross profit in 2025 would be Requirement 2. How would the inventory error affect New York Pool Supplies' cost of goods sold and gross profit for the year ended December 31,2026 , if the error is not corrected in 2025? Cost of goods sold for 2026 would be How would the inventory error affect New York Pool Supplies' gross profit for the year ended December 31,2026 , if the error is not corrected in 2025? Gross profit for 2026 would be
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