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A salesperson for Tricon is considering a price concession to close a sale. The salesperson original bid was $20,000(list price). Tricon's cost of goods sold

A salesperson for Tricon is considering a price concession to close a sale. The salesperson original bid was $20,000(list price). Tricon's cost of goods sold equals 55% of list price. The salesperson offered a 7,5% discount to close the sale. 


Calculate the dollar change is gross margin.

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