CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 1 Not complete Points out of 1.00 Analyzing Operational Changes Flag question Operating results for department B of Delta Company during 2016 are as follows: Sales Cost of goods sold 378,000 Gross profit Direct expenses Common expenses 0 Total expenses Net loss $540,000 162,000 120,000 66,000 186,000 s(24,000) If department B could maintain the same physical volume of product sold while raising selling prices an average of 15% and making an additional advertising expenditure of $45,000, what would be the effect on the departments net income or net loss? (gnore income tax in your calculations.) Use a negative sign with your answer to indicate if the effect increases the company's net loss. If Department B increased its selling price by 15%, the effect on net income (loss) would be $ Check