Ahmed & Co. produced and sold 45,000 units of a single product last year. The following information is available for last year:

Sales Revenue $1,350,000

Manufacturing costs:

Variable 500,000

Fixed 270,000

Selling costs:

Variable 40,500

Fixed 54,000

Administrative costs:

Variable 184,500

Fixed 100,000

Ahmed & Co. increases its sales by 15%. Then, its net income will increase by about:

A) 65%

B) 47%

C) 75%

D) 60%