A company produces Product W. The following cost information from 2020 is available: Variable expense Contribution margin ratio Sales Net operating income $30 per unit 40% $1,200,000 $0 In 2021, the company plans to sell 16,000 more units than it did in 2020 by increasing its spending on advertising (a fixed expense). How much more can the company spend on advertising in 2021 if they would like to achieve a target profit which is equal to 30% of increased sales? ANS: $