As of December 1, 2021, X Company had produced and sold 63,400 units of its only product. The following is the company's December 1 Income Statement: Total Per-Unit Sales Cost of goods sold Gross profit $774,748 $12.22 526,220 8.30 248,528 3.92 Selling & administrative costs Profit 145,820 2.30 $102,708 $1.62 Analysis of cost of goods sold reveals that $405,760 of it was variable; a similar analysis of selling & administrative costs reveals that $69,740 of it was fixed. On December 2, a company offered to buy 4,570 units for $11.00 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 $18,000. 4. What would profit have been on the special order? Submit Answer Tries 0/4 5. If X Company had accepted the special order, it would have had to lower the selling price of its regular product by $0.31 per unit to prevent the loss of regular customers. This price reduction would have decreased company profits by