Question 5 es View Policies Current Attempt in Progress ons 5 Support Novak Hardware Limited reported the following amounts for its cost of goods sold and Inventory: 2018 2017 Cost of goods sold $169,000 $153,000 Ending inventory 36,300 29,800 Novak made two errors: (1) ending inventory for 2018 was overstated by $2,000 and (2) ending inventory for 2017 was understated by $4,300. Assume that neither error has been found or corrected. (a) Calculate the correct ending inventory and cost of goods sold amounts for each year. 2018 2017 Ending inventory $ $ $ $ (a) Calculate the correct ending inventory and cost of goods sold amounts for each year. 2018 2017 Ending inventory $ $ Cost of goods sold $ $ Save for Later Attempts: 0 of 1 used Submit Answer (b) The parts of this question must be completed in order. This part will be available when you complete the part above