Use the following figure to find \( x^\circ \) and \( y^\circ \):
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In a circle, the angle subtended by a chord at the center is twice the angle subtended at any point on the circumference. Use this property to solve angle-related problems.
In a circle, chord \( AB \) forms a \( 180^\circ \) angle at the center. Since \( \angle DCO \) involves the same chord, the central angle is twice the inscribed angle.
Therefore,
\[\nx = \frac{180^\circ - 120^\circ}{2} = 30^\circ\n\]
Using the angle sum property in triangle \( ABC \), we calculate:
\[\ny = 180^\circ - 130^\circ - x = 180^\circ - 130^\circ - 30^\circ = 60^\circ\n\]
The solution is \( x = 50^\circ, y = 60^\circ \).