I need help with my assignment.

Determine the missing figure for each situation. (2 Marks) Beginning Ending Cost of Inventory Purchases Inventory Goods Sold D $22 000 $40 000 $ $51 000 $ $42 000 $16 000 $44 000 $32 000 $70 000 $27 000 $ $29 000 $ $26 000 $35 000 During the taking of physical inventory on December 31, 2012, certain merchandise that cost $2,500 was counted twice; the inventory was, therefore, overstated by $2,500. Prepare an outline of the effect of this error on each of the following. Explain using full and complete sentences. (2 Marks) A. Cost of Goods Sold: B. Net Income: C. Total Assets: D. Inventory January 1, 2013