Campus Stop, Inc., Is a student co-op. Campus Stop uses a perpetual Inventory system. The following transactions (summarized) have been selected for analysis: $270,600 a. Sold merchandise for cash (cost of merchandise $150,030). b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) for canh refund (original cost of merchandise $770). c. Sold merchandise (costing $8,100) to a customer on account with terms n/30. d. Collected half of the balance owed by the customer in (c). e. Granted a partial allowance relating to credit sales the customer in (e) had not yet paid. 1,720 18,000 9,000 1,760 CP6-3 Part 4 4. Campus Stop is considering a contract to sell merchandise to a campus organization for $27,000. This merchandise will cost Campus Stop $15,600. Would this contract increase (or decrease) Campus Stop's dollars of gross profit and its gross profit percentage? TIP: The impact on gross profit dollars may differ from the impact on gross profit percentage. (Round "Gross Profit Percentage" to 1 decimal place.) by Gross Profit Gross Profit Percentage to 1%