Current Attempt in Progress Crane Inc. had a bad year in 2021. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 65,600 units of product: net sales $1,640,000; total costs and expenses $1,832,700; and net loss $192,700. Costs and expenses consisted of the following. Total Variable Fixed Cost of goods sold $1,285,760 $861,000 $424,760 Selling expenses 423,940 75440 348,500 Administrative expenses 123,000 47,560 75,440 $1,832,700 $984,000 $848,700 Management is considering the following independent alternatives for 2022. 1 Increase unit selling price 25% with no change in costs and expenses. 2. 3. Change the compensation of salespersons from fixed annual salaries totaling $164,000 to total salaries of $32,800 plus a 5% commission on net sales. Purchase new high-tech factory machinery that will change the proportion between variable and fixed cost of goods sold to 50:50.