Based on the information below, what are some recommendations to Tracy that you feel will improve her company. Put yourselves in her shoes. If this were your business what could you do to grow the business?

			Tracy
			Income Statement
			For the Year Ended 12/31/2020
Sales					$234,850
Cost of Goods Sold					$151,690
Gross Profit					$83,160
Selling and Administrative Expenses					$87,925
Net Income					($4,765)

			Tracy
			Variable Income Statement
			For The Year-Ended 12/31/2020
Sales					$234,850
Variable Cost of Good Sold					$109,340
Variable Selling and Administrative Expenses					$25,675
Total Variable Expenses					$135,015
Contribution Margin					99,835
Fixed Cost of Goods Sold					42,350
Fixed Selling and Administrative Expenses					62,250
Total Fixed Expenses					104,600
Net Income					($4,765)