Exercise 19-3 Your answer is partially correct. Try again. Barnes Company reports the following operating results for the month of August: sales $325,000 (units 5,000) variable costs $215,000; and fixed costs $71,500. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume. | Net income 46000 2. Reduce variable costs to 60% of sales Net income 71850 3. Reduce fixed costs by $21,000 Net income 59500 Altemative 2 Which course of action will produce the highest net income? Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT Question Attempts: 1 of 15 used SAVE FOR LATERSUBMIT