Campus Stop, Inc, is a student co-op. Campus Stop uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis: a. Sold merchandise for cash (cost of merchandise $141,870). b. Received merchandise returned by customers as unsatisfactory (but in perfect 253,000 condition) for cash refund (original cost of merchandise $650). c. Sold merchandise (costing $4,500) 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 (c) had not yet 1,600 10,000 5,000 paid. 1,600 4. Campus Stop is considering a contract to sell merchandise to a campus organization for $7,000. This merchandise will cost Campus Stop $5,800. 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 proft percentage. (Round "Gross Profit Percentage" to 1 decimal place.) to o 15E Next> K Prev