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Consider the following information of Jones Corporation over four years Sales Cost of goods sold Gross profit Gross profit percentage 2022 202120202019 $10,000 $9,000 $?

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Consider the following information of Jones Corporation over four years Sales Cost of goods sold Gross profit Gross profit percentage 2022 202120202019 $10,000 $9,000 $? $7,000 ? 6,840 6,160 2,500 ? 1,840 22% Required: 1. Calculate the missing amounts for each year. 2. What does this information indicate about the company

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