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

Exercise 6-10 Your answer is partially correct. Try again Whispering Winds'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 $ 23,000 150,000 173,000 34,000 $139,000 $34,000 182,500 216,500 37,500 $179,000 Whispering Winds's made two errors: (1) 2018 ending inventory was overstated $3,550, and (2) 2019 ending inventory was understated $6,600 Compute the correct cost of goods sold for each year 2018 2019 Cost of goods sold 142550 172400
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