Fixed and Variable Costs. In 2021, the Lin Company had sales ofP2,500,000, withP1,250,000 variable andP900,000 fixed costs.

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Fixed and Variable Costs. In 2021, the Lin Company had sales ofP2,500,000, withP1,250,000 variable andP900,000 fixed costs. In 2022, sales are expected to decrease 10% and the fixed costs are not expected to change. Required: Determine Lin Company's expected operating income or loss for 2022.n