Required Information [The following Information applies to the questions displayed below.] Over a four-year period, Jackie Corporation reported the following series of gross profits. Net sales Cost of goods sold 2021 2018 2019 2020 $55,000 $61,000 $69,000 $85,000 28,500 42,500 24,500 44,500 $26,500 $18,500 $44,500 $40,500 Gross profit 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 $10,370 in 2019. Inventory in all other years is correct. Required: 1. Calculate the gross profit ratio for each of the four years based on amounts originally reported. (Round your answers to the nearest whole percent.) Gross Profit Ratio 2018 % 2019 % 2020 % 2021 %