Attached is a schedule of five proposed changes at the end of the year.

Required:
1. Indicate whether each of the proposed changes is conservative, aggressive, or neutral.
2. Indicate whether the total affect of all the changes is conservative, aggressive, or neutral.

Before the ($ in 000s) Sales revenue Cost of goods sold Operating expenses Other revenue Other expense Proposed Change (a) $200,000 (b) 400,000 (c) 100,000) (d) 50,000 (e) (50,000) After the Change $19,000,000 13,600,000 Change $18,800,000 13,200,000 1,600,000 500,000 450,000 $ 4,050,000 1,500,000 550,000 400,000 Net income $ 4,050,000