Lebo Hardware reported the cost of goods sold as follows:
|Cost of goods purchased||
|Cost of goods available for sale||174,730||210,610|
|Cost of goods sold||
Lebo made two errors: (1) 2008 ending inventory was overstated by $3,450 and (2) 2009 ending inventory was understated $6,470.
Compute the correct cost of goods sold for each year.
|Cost of goods sold||$||$|
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