accounting

Candlestick Park is selling World Series tickets for $4.00 each (in 1962). Last year the park reported total variable expenses of $44,000, fixed expenses of $2,000, and a net operating income of $130,000. A study by the sales manager discloses that a 10% increase in the ticket price would reduce unit ticket sales by 20%. If the proposal is adopted, net operating income would: O increase by $140,800 O decrease by $12,320 increase by $12,320 O increase by $140,800