Palmetto Tree Service is a leading seller of trees to homeowners in the Southwest US$.$ The company sells the trees for $$300$ each, which includes installation. Davis Griffin, the company's owner, purchases the bushes from a grower at a cost of $$85$ per tree. The variable cost for installation is $$75$ per tree. Last year the company sold and installed $10,000$ trees and generated operating income of $$504,000.$ If the company had sold only $9,565$ trees, what would operating income have been? Assume that all costs other than the cost of the tree and installation are fixed. ROUND YOUR ANSWER TO WHOLE DOLLARS.

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To calculate the operating income if Palmetto Tree Service had sold on... View the full answer