Question: ABC Corps most recent income statement is shown following: Unit selling price $30 Sales volume 15,750 units Total Sales $472,500 Unit Variable cost $12 Total

ABC Corps most recent income statement is shown following: Unit selling price $30 Sales volume 15,750 units Total Sales $472,500 Unit Variable cost $12 Total Variable cost $189,000 Unit Contribution Margin $18 Total Contribution Margin $283,500 Total Fixed Cost $185,000 Net Income $98,500 If business decided to reduce the unit selling price by 30% and increase advertising cost by $50,000, Then, units sold could increase by 40%, how much is the change in net income? A. -61,950 B. -36,550 C. -135,050 D. 61,950

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