Q3 Chapter 6 (Accounting) Only answer if you know how to do this correctly. Correct answers will get thumbs up

Innovation Pool Supplies's merchandise inventory data for the year ended December 31, 2019, follow: (Click the icon to view the inventory data.) Read the requirements Requirement 1. Assume that the ending merchandise inventory was accidentally overstated by $1,000. What are the correct amounts for cost of goods sold and gross profit? Cost of goods sold in 2019 would be $ Data Table Sales Revenue 56,000 Cost of Goods Sold: Beginning Merchandise Inventory Net Cost of Purchases Cost of Goods Available for Sale 5,800 32,500 38,300 6,200 Less: Ending Merchandise Inventory Cost of Goods Sold 32,100 23,900 Gross Profit Print Done