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I cannot find the correct Gross Profit Percentage. Required information [The following information applies to the questions displayed below] Kelly Creations is a wholesaler of

I cannot find the correct Gross Profit Percentage.
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Required information [The following information applies to the questions displayed below] Kelly Creations is a wholesaler of hair supplies Kelly Creations uses a perpetual inventory system. The following transactions (summarized) have been selected for analysis $ 59,520 a. Sold merchandise for cash (cost of merchandise $33,497). b. Received merchandise returned by customers as unsatisfactory (but in perfect condition) for cash refund (original cost of merchandise $350). c. Sold merchandise (costing $8,455) to a customer on account with terms 1/60. d. Collected half of the balance owed by the customer in () e. Granted a partial allowance relating to credit sales the customer in (c) had not yet paid. f. Anticipate further returns of merchandise (costing 5270) after year-end from sales made during the year. 380 17,00 8,900 186 390 4. Kelly Creations is considering a contract to sell merchandise to a hair salon chain for $41.000. This merchandise will cost Kelly Creations $26,900. What would be the increase or decrease) to Kelly Creations gross profit and gross profit percentage? (Round "Gross Profit Percentage" to 1 decimal place.) Answer is complete but not entirely correct. Gross Profit Gross Profil Percentage increased decreased by to $ 14,100 34.4

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