ABC Consulting Firm is preparing its financial projections:

Category	Amount ($)
Service Revenue
- Billable Hours	12,000
- Hourly Rate	$175
SG&A Expenses
- Salaries and Benefits	$950,000
- Overhead Costs	$200,000

Requirements:

• Calculate the total Service Revenue for ABC Consulting Firm.
• Determine the Operating Income.
• Propose strategies to increase billable hours by 10% through client retention initiatives.
• Analyze the impact of increased billable hours on profit margins.