The following data (in thousands of dollars) have been taken from the accounting records of the Maroon Corporation for the just-completed year. Sales 1,200 Raw materials inventory, beginning 25 Raw materials inventory, ending 50 Purchases of raw materials 180 Direct labor 230 Manufacturing overhead 250 Administrative expenses 400 Selling expenses 200 Work-in-process inventory, beginning 150 Work-in-process inventory, ending 120 Finished goods inventory, beginning 100 Finished goods inventory, ending 110 Use the above data to prepare (in thousands of dollars) a schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold for the year. In addition, what is the impact on the financial statements if the ending finished goods inventory is overstated or understated?