As of December 1, 2021, X Company had produced and sold 63,300 units of its only product. The following is the company's December 1 Income Statement:

		Total	Per-Unit
Sales		$824,166	$13.02
Cost of goods sold		506,400	8.00
Gross profit		317,766	5.02
Selling & administrative costs		158,250	2.50
Profit		$159,516	$2.52

Analysis of cost of goods sold reveals that $113,940 of it was fixed; a similar analysis of selling & administrative costs reveals that $75,960 of it was variable.

On December 2, a company offered to buy 4,960 units for $11.80 each. Because the special order product was slightly different than the regular product, direct material costs were expected to increase by $0.25 per unit, and some special equipment would have to be rented for a total of $19,000.

4. What would profit have been on the special order?

5. If X Company had accepted the special order, it would have had to lower the selling price of its regular product to $12.51 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by