on net income (loss) would be

Analyzing Operational changes Operating results for department B of Delta Company during 2019 are as follows: Sales Cost of goods sold Gross profit Direct expenses Common expenses Total expenses Net loss $540,000 378,000 162,000 120,000 66,000 186,000 $(24,000) If department B could maintain the same physical volume of product sold while raising selling prices an average of 5% and making an additional advertising expenditure of $30,000, what would be the effect on the department's net income or net loss? (Ignore 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 5%, the effect on net income (loss) would be $ (27,000) *