Sandhill Company reported these income statement data for a 2-year period

Sandhill Company reported these income statement data for a 2-year period. Sandhill Company uses a periodic inventory system. The inventories at January 1, 2024, and December 31, 2025, are correct. However, the ending inventory at December 31,2024 , is overstated by $8,720. Your answer is correct. Prepare correct income statement data for the 2 years. eTextbook and Media What is the cumulative effect of the inventory error on total gross profit for the 2 years? (Do not leave any answer field blank. Enter Ofor amounts.) The cumulative effect on total gross profit for the two years is $