Using the same information from question No. 4, what would the company's new Profit (before tax) be expressed in percent with the proposed 6% reduction in purchases? (5 pts) Element Impact Reducing Purchases Impact Increasing Revenue Organization's Revenue $ 3,500,000 USD Purchases $ 2,800,000 USD Profit (before tax) $ 175,000 USD Pct Reduction in Purchases / Pct Increase in Revenue 6% New Profit Level ($) 7 New Profit (before tax) in percent after purchase reduction 9696 596 9.8% O None of the above