Your answer is incorrect. Try again. Barnes Company reports the following operating results for the month of August. Sales $305,000 unts 5,000 . variable costs 213,000 and fixed costs Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase selling price by 10% with no change in total variable costs or sales volume Net income 50,600 2. Reduce variable costs to 60% of sales. Net income 153,500 3. Reduce fixed costs by $22,000. Net income Alternative 2 Which course of action will produce the highest net income? Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT