Below is an income statement for Bolton Company as of 12/31/2020:

_.____ _ 1__._____.._ Below is an income statement for Bolton Company as of 1213112020: Sales $500,000 Variable costs 1 1 00,000) Contribution margin $400,000 Fixed costs 1300,000) Net Income 100 000 19. Using the DOL for 2020 that you just calculated, if Bolton Company.r expects sales to increase 20% in 2021, by how much wiil the net income increase in 2021? A. $20,000 B. $40,000 C. $60,000 D. $80,000 E. $100,000