Required information Problem 6-10A Correct inventory understatement and calculate gross profit ratio (LO6-7, 6-9) [The following information opplies to the questions displayed below.] Over a four-year period, Jackie Corporation reported the followinn sories of gross profits. 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 $8,670 in 2019 . Inventory in all other years is correct. roblem 6-10A Part 1 equired: Calculate the gross profit ratio for each of the four years based on amounts originally reported. (Round your answers to the nearest hole percent.) Required information Problem 6-10A Correct inventory understatement and calculate gross profit ratio (LO6-7, 6-9) [The following information applies to the questions displayed below] Over a four-vear beriod. Jackie Corporation redorted the followina series of gross profits. 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 $8,670 in 2019 . Inventory in all other years is correct. Troblem 6-10A Part 2 2. Calculate the gross profit ratio for each of the four years based on corrected amounts. (Round your answers to the nearest whole percent.)