PRINTER VERSION Exercise 6-9 Monty Inc. reported the following partial income statement data for the years ended December 31, 2018, and 2017: 2017 Sales $282.000 $251.000 Cost of goods sold 210,000 199,254 Gross profit 72.000 61,746 2018 Inventory was reported in the current statement of financial position at $45,200, 351,600, and $48,500 at the end of 2016, 2017, and 2018, respectively. The ending inventory amounts for 2016 and 2018 are correct. However, the ending inventory at December 31, 2017, is understated by $8.785 Prepare correct income statements for 2017 and 2018 through to gross profit 2010 2017 Sales $ $ Cost of goods sold Gross profit LINK TO TEXT