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An audit revealed that in determining these amounts, the ending inventory for 2 0 1 7 was overstated by $ 1 5 , 0 0

An audit revealed that in determining these amounts, the ending inventory for 2017 was overstated by $15,000. The company uses a periodic inventory system.P7-6 Part 22. Compute the gross profit percentage for each year before the correction and after the correction.Note: Round your answers to the nearest whole percent.

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