Advanced Enterprises reports yearminus

end information from 2018 asfollows:

Sales(160,250 units)

$968,000

Cost of goods sold

641,000

Gross margin

327,000

Operating expenses

263,000

Operating income

$64,000

Advanced is developing the 2019 budget. In 2019 the company would like to increase selling prices by14.5%, and as a result expects a decrease in sales volume of9%. All other operating expenses are expected to remain constant. Assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost.

Should Advanced increase the selling price in2019?