A manufacturer of quality handmade walnut bowls, has had a steady growth in sales for the past 5 years. However, increased competition has led. What is the projected net income for 2017? 2.What is the breakeven point in units for 2017? 3.The company has set the revenue target for 2018 at a level of $ 78400 (or 24500 bowls). They believes an additional marketing cost of $ 63360 for advertising in 2018, with all other costs remaining constant, will be necessary to attain the revenue target. What is the net income for 2018? if the additional $ 63360 is spent and the revenue target is met? 4. What is the breakeven point in revenues for 2018 if the additional $ 63360 is spent for advertising? 5. If the additional $ 63360 is spent, what are the required 2018 revenues for 2018 net income to equal 2017 net income? 6.At a sales level of 24500 units, what maximum amount can be spent on advertising if a 2018 net income of $ 93084 is desired? , the president, to believe that an aggressive marketing campaign will be necessary next year to maintain the company's present growth. To prepare for next year's marketing campaign, the company's controller has prepared and presented the following data for the current year, 2017.

Variable cost (per bowl)
	Direct materials		$3.50
	Direct manufacturing labor		7.50
	Variable overhead (manufacturing, marketing, distribution and customer service)		3.40
		Total variable cost per bowl	$14.40
Fixed costs
	Manufacturing		$16,000
	Marketing, distribution, and customer service		195,200
		Total fixed costs	$211,200
Selling price			$32.00
Expected sales, 22,500 units			$720,000
Income tax rate			40%