Current Attempt in Progress Coronado Industries reported these income statement data for a 2-year period. 2022 2021 Sales revenue $250,900 $198,630 Beginning inventory 38,880 31,990 Cost of goods purchased 185,130 167,190 Cost of goods available for sale 224,010 199,180 Less: Ending inventory 60,210 38,880 Cost of goods sold 163,800 160,300 Gross profit $87,100 $38,330 Coronado Industries uses a periodic inventory system. The inventories at January 1, 2021, and December 31, 2022, are correct. However, the ending inventory at December 31, 2021, is overstated by $7,440. Prepare correct income statement data for the 2 years. 2021 Sales Cost of goods sold Beginning inventory Cost of goods purchased Cost of goods available for sale Less: Ending inventory Cost of goods sold Gross profit 197000 30650 185110 215760 30810 184950 12050 $ LA 2022 245900 30810 207730 238540 59880 178660 67240