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Aunt Betty Bakery reported net sales revenue of $ 5 8 , 0 0 0 and cost of goods sold of $ 1 2 ,

Aunt Betty Bakery reported net sales revenue of $58,000 and cost of goods sold of $12,000.
Compute Aunt Betty's correct gross profit if the company made either of the following independent accounting errors.
a. Ending merchandise inventory is overstated by $3,000.
b. Ending merchandise inventory is understated by $3,000.
\table[[,,,\table[[Cost of Goods So],[Corrected]],\table[[Id and Gross Profit],[for the Error]]],[,,,Ending Mercha,Indise Inventory:],[,,\table[[rted -],[rect]],\table[[(a) Overstated by],[$3,000
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