4 Required information The following information applies to the questions displayed below Corrigan Enterprises is studying the acquisition of two electrical component insertion systems for producing its sole Part 2 of 4 product, the universal gismo. Data relevant to the systems follow. Model no. 6754 Variable costs, $19.00 per unit Annual fixed costs, $986,100 Model no. 4399: Variable costs, $12.80 per unit Annual fixed costs, $1,113,900 Corrigan's selling price is $64 per unit for the universal gismo, which is subject to a 10 percent sales commission. (In the following requirements, ignore income taxes) 2-a. Calculate the net income of the two systems if sales and production are expected to average 49,000 units per year. References No. 6754 2-b. Which of the two systems would be more profitable? O Model No.6754 O Model No. 4399