Handy Howard's Incorporated, is a student co$-$op$.$ Handy Howard uses a perpetual inventory system. The following transactions $($summarized$)$ have been selected for analysis:a$.$ Sold merchandise for cash $($cost of merchandise $$177,270).$ $ $324,500$b$.$ Received merchandise returned by customers as unsatisfactory $($but in perfect condition$)$ for cash refund $($original cost of merchandise $$672).1,630$c$.$ Sold merchandise $($costing $$10,620)$ to a customer on account with terms n$/30.23,600$d$.$ Collected half of the balance owed by the customer in $($c$).11,800$e$.$ Granted a partial allowance relating to credit sales the customer in $($c$)$ had not yet paid. $1,460$f$.$ Anticipate further returns of merchandise $($costing $$236)$ after month$-$end from sales made during the month. $880$ Handy Howard is considering a contract to sell merchandise to a Handy Howard organization for $$18,600.$ This merchandise will cost Handy Howard $$14,880.$Would this contract increase $($or decrease$)$ Handy Howard 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.$)$