At present, the company is selling 15,000 stoves per month. The sales manager is convinced that a 10% reduction in the selling price would result in a 25% increase in monthly sales of stoves. Prepare two contribution format income statements, one under present operating conditions, and one as operations would appear after the proposed changes Outback Outfitters Contribution Income Statement Present Proposed 15,000 Stoves 18,750 Stoves Total Per unit Total Per unit 1200$ 2,025,000 > $ 1080 76 32 $ 1,800,000 $ Sales Variable expenses Contribution margin Fixed expenses Net operating income 1,260,000 540,000 165,600 374,400 81,417,500 607,500 165,600 $ 441,900 36