Adventure Gear Co. manufactures and sells 6 different models of adventure gear. Adventure Gear is contemplating a 4% price cut for all models. It expects the price cut to result in a 7% increase in units sold for models T2001, T2003, and T2005. The other three models (T2002, T2004, and T2006) are expected to see a 5% increase in sales volume. Assess the impact of the price cut on Adventure Gear’s profits and prepare the equity statement.

Model	Sales Price	Variable Costs	Sales Volume
T2001	$125	$60	2,000
T2002	$135	$65	3,000
T2003	$145	$70	4,000
T2004	$155	$75	2,500
T2005	$165	$80	2,200
T2006	$175	$85	1,800