Check my work 20 Part 2 of 2 Required information Problem 6-10A Correct inventory understatement and calculate gross profit ratio (LO6-7, 6-9) The following information applies to the questions displayed below) Over a four-year period, Jackie Corporation reported the following series of gross profits 2010 2010 2021 Net Sales 160.000 566,000 $70,000 $90,000 Cost of goods sold 32,000 48.000 Gross profit $20,000 46,000 $42.000 2020 10 Don 28.000 528.000 In 2021, the company performed a comprehensive review of its inventory accounting procedures. Based on this review, company records reveal that ending inventory was understated by $11.00 in 2019 Inventory in all other years is correct Problem 6-10A Part 2 2. Calculate the gross profit ratio for each of the four years based on corrected amounts (Round your answers to the nearest whole percent.) Part 2 of 2 Problem 6-10A Part 2 10 Doint 2. Calculate the gross profit ratio for each of the four years based on corrected amount (Round your answers to the nearest whole percent.) Gross Pront Hattin % 2018 2019 Pic 2021