Prepare correct income statement data for the 2 years. 2019 2020 Sales S 210000 A 265000 Cost of goods sold Beginning inventory 28000 36000 Cost of goods purchased 173000 204000 Cost of goods available forsale 201000 240000 Ending inventory 36000 55000 Cost of goods sold 165000 185000 Gross pront 45000 B000 (b) What is the cumulative effect of the inventory error on total gross profit for the 2 years? Cumulative effect of the inventory errors Prepare correct income statement data for the 2 years. 2019 2020 Sales S 210000 A 265000 Cost of goods sold Beginning inventory 28000 36000 Cost of goods purchased 173000 204000 Cost of goods available forsale 201000 240000 Ending inventory 36000 55000 Cost of goods sold 165000 185000 Gross pront 45000 B000 (b) What is the cumulative effect of the inventory error on total gross profit for the 2 years? Cumulative effect of the inventory errors