Ches 18 ! Required information Part 2 of 2 (The following information applies to the questions displayed below.) 1 points Over a four-year period, Jackie Corporation reported the following series of gross profits. 2018 2019 2020 2021 Net sales $44,000 $50,000 $58,000 $74,000 Cost of goods sold 20,800 34,800 16,800 36,800 Gross profit $23,200 $15,200 $41,200 $37,200 Skipped 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 $8,500 in 2019. Inventory in all other years is correct. eBook Print References 2. Calculate the gross profit ratio for each of the four years based on corrected amounts. (Round your answers to the nearest whole percent.) Gross Profit Ratio 2018 % % 2019 2020 2021 % %