Question: Can I get help please. Great Town Bakery reported net sales revenue of $38,000 and cost of goods sold of $27,000. Compute Great Town's correct

Can I get help please.

Great Town Bakery reported net sales revenue of $38,000 and cost of goods sold of $27,000. Compute Great Town's correct gross profit if the company made either of the following independent accounting errors. a. Ending merchandise inventory is overstated by $7,000. b. Ending merchandise inventory is understated by $7,000

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