Question: Marigold Corp. reported these income statement data for a 2-year period. Marigold Corp. uses a periodic inventory system. The inventories at January 1, 2021, and

Marigold Corp. reported these income statement data for a 2-year period. Marigold Corp. uses a periodic inventory system. The inventories at January 1,

Marigold Corp. reported these income statement data for a 2-year period. Marigold Corp. 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 $6,000. Prepare correct income statement data for the 2 years

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