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A salesperson for Tricon is considering a price concession to close a sale. The salesperson's original bid was $ 2 2 , 4 7 5

A salesperson for Tricon is considering a price concession to close a sale. The salesperson's original bid was $22,475(list price). Tricon's cost of goods sold equals 65% of list price. The salesperson offered a 9% discount to the close the sale. Calculate the dollar change in gross margin.

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