Bridgeport Inc, reported the following partial statement of income data for the years ended December 31, 2021, and 2020: The company reported inventory in the statement of financial position at $41,900,$50,100, and $46,800 at the end of 2019,2020 , and 2021, respectively. The ending inventory amounts for 2019 and 2021 are correct. However, the ending inventory at December 31 . 2020 , is understated by $7,564. What is the cumulative effect of the inventory error on total gross profit for these two years? Cumulative effect of the inventory error on total gross profit