Question: Show Attempt History Current Attempt in Progress Your answer is partially correct. Crane Enterprises reported cost of goods sold for 2 0 2 5 of

Show Attempt History Current Attempt in Progress Your answer is partially correct. Crane Enterprises reported cost of goods sold for 2025 of $1,290,700 and retained earnings of $4,708,100 at December 31,2025. Crane later discovered that its ending inventories at December 31,2024 and 2025, were overstated by $116,750 and $32,910, respectively. Determine the corrected amounts for 2025 cost of goods sold and December 31,2025, retained earnings. Corrected cost of goods sold $ Corrected(12)/(31)()/(25) retained earnings $
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