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Betty DeRose, Inc. sells three products. Income statement s for the three products for the most recent year appear below: Product #1 Product $140,000 $120,0 91,000 48,0 00 15,000 12,0 #2 Product #3 Sales revenue 00 $200,000 Costs: Variable production costs 140,000 Advertising .. 10,000 Rent ..... 00 14,000 Supervisor's salary 00 20,000 Sales commissions 00 10,000 Net income/loss. 00 6,000 00 14,000 14,0 20,000 20,0 7,000 6,0 20,0 The rent is allocated to the three products equally and s ales commissions are paid at a rate of 5% of sales. The company is considering eliminating Product #1. If Pro duct #1 is dropped 91,000 48,0 19 15,000 12,0 14,000 14,0 Variable production costs 00 140,000 Advertising ... 00 10,000 Rent ..... 00 14,000 Supervisor's salary 20,000 Sales commissions 10,000 Net income/loss. 00 6,000 20,000 20,0 7,000 6,0 09 20,0 The rent is allocated to the three products equally and s ales commissions are paid at a rate of 5% of sales. The company is considering eliminating Product #1. If Pro duct #1 is dropped, the contribution margin of Product #2 is expected to incr ease by 15%. Calculate the amount the company's net income will increa se by if Product #1 is dropped