Question: Need answer and explanation for this question? CALCULATOR MESSAGE MY INSTRUCTOR ASSIGNMENT RESOURCES Chapter 6 Homework Exercise 6-16 Your answer is partially correct. Try again.

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CALCULATOR MESSAGE MY INSTRUCTOR ASSIGNMENT RESOURCES Chapter 6 Homework Exercise 6-16 Your answer is partially correct. Try again. Brief Exercise 6-8 Blossom Company reported cost of goods sold as follows. 2017 2016 Exercise 6-9 Beginning inventory Cost of goods purchased Cost of goods available for sale $ 32,380 184,210 216,590 39,050 $177,540 18,370 172,410 190,780 32,380 $158,400 Exercise 6-16 Review Score Review Results by Study Less: Ending inventory Objective Cost of goods sold Blossom Company made two errors: 1. 2016 ending inventory was overstated by $2,050. 2. 2017 ending inventory was understated by $5,300 Compute the correct cost of goods sold for each year. 2016 2017 160450 300310 The correct cost of goods sold s Click if you would like to Show Work for this question: LINK TO TEXT
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