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Blossom Company reported these income statement data for a 2-year period: Blossom Company uses a periodic inventory system. The imventories at January 1, 2024, and

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Blossom Company reported these income statement data for a 2-year period: Blossom Company uses a periodic inventory system. The imventories at January 1, 2024, and December 31,2025 are correct. However, the ending invertory at December 31,2024 , is overstated by $8.260. Prepare correct income statement data for the 2 years. What is the cumulative effect of the inventory error on total gross profit for the 2 years? (Do not loave any answer field blank. Enter ofor amounts) The cumulative effect on total gross profit for the two years is 5

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