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 Gross profit 2018 $55,000 2019 $61,000 2020 28,500 42,500 $69,000 24,500 2021 $85,000 44,500 $26,500 $18,500 $44,500 $40,500 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. 2. Calculate the gross profit ratio for each of the four years based on corrected amounts. (Round your answers to the nearest whole percent.) 2018 2019 2020 Gross Profit Ratio 2021 %