Look at Example 1 on p. 445. This problem follows those calculations closely. We are over here at XYZ Corporation, and your boss has just told you that the current cost of materials was $55917, and they are considering a supply chain strategy which promises to reduce material costs by 10%. Below is a table giving other relevant information. All units are given in $USD. Current Sales Cost of materials Production costs 20,000 10,000 Fixed costs Profit 100,000 Supply Chain Strategy 100,000 20,000 10,000 What is the percentage improvement in profit under the supply chain strategy? Enter your answer as a number between 0 and 100. For example, if you calculate 12.34% as your percentage improvement, make sure to enter 12.34. Do not enter 0.1234