1 QUESTION 1 15 points Below is Racing Bicycle Company Contribution Income Statement for the Month of June. What is the Profit impact if Racing Bicycle can increase unit sales from 500 to 560 by increasing the monthly advertising budget by 59,000? (Copy and paste the table below within you answer as you find it useful $ 250.000 $ 150,000 Sales (500 Bicycle) Less: Variable Expenses Contribution Margin Less: Fixed Expenses Net Operating Income $ 100,000 $ 80,000 $ 20,000 TT T Ariat 3 (12pt) T. III GiX 5 Save All Answers Save and Click Save and submit to save and submit. Click Save Allerto save all answer c C