Question: Exercise 6-10 Your answer is partially correct. Oriole's Hardware reported cost of goods sold as follows 2018 2019 Beginning inventory Cost of goods purchased Cost

Exercise 6-10 Your answer is partially correct. Oriole's Hardware reported cost of goods sold as follows 2018 2019 Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold $ 24,500 155,000 179,500 $30,000 198,000 228,000 37,000 $191,000 30,0005100 $149,500 Oriole's made two errors: (1) 2018 ending inventory was overstated $3,450, and (2) 2019 ending inventory was understated $6,300 Compute the correct cost of goods sold for each year 2018 2019 Cost of goods sold 152950 271300 Click if you would like to Show Work for this question:

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