6 Part 2 of 2 1 points eBook Print References Required Information [The following information applies to the questions displayed below.] Shown here are condensed Income statements for two different companies (assume no Income taxes). Miller Company Sales $ 1,300,000 1,040,000 260,000 Variable expenses (80%) Income before interest Interest expense (fixed) Net income 70,000 $ 190,000 Sales $ 1,300,000 Variable expenses (60%) 780,000 520,000 Income before interest Interest expense (fixed) Net income 330,000 $ 190,000 2. What happens to each company's net Income if sales increase by 20%? (Round your answers to nearest whole percent.) Company Net income % Miller Company Weaver Company Increases by Increases by % Weaver Company