Required information

$[$The following information applies to the questions displayed below.$]$

Hughes Hair Design is a wholesaler of hair supplies. Hughes Hair Design uses a perpetual inventory system. The following transactions $($summarized$)$ have been selected for analysis:

a$.$ Sold merchandise for cash $($cost of merchandise $$35,637).$

b$.$ Received merchandise returned by customers as unsatisfactory $($but in perfect condition$)$ for cash refund $($original cost of merchandise $$410).$

c$.$ Sold merchandise $($costing $$10,165)$ to a customer on account with terms $\frac{n}{60}$

d$.$ Collected half of the balance owed by the customer in $($c$).$

e$.$ Granted a partial allowance relating to credit sales the customer in $($c$)$ had not yet paid.

$$63,360$

f$.$ Anticipate further returns of merchandise $($costing $$330)$ after year$-$end from sales made during the year.

$450$

$4.$ Hughes Hair Design is considering a contract to sell merchandise to a hair salon chain for $$53,000.$ This merchandise will cost Hughes Hair Design $$34,700.$ What would be the increase $($or decrease$)$ to Hughes Hair Design gross profit and gross profit percentage? $($Round "Gross Profit Percentage" to $1$ decimal pl$$ce$.)$

$\backslash$table$[[$Gross Profit,,by$,,],[$Gross Profit Percentage,,to$,,\%$