Birchfield Company reports the following operating results for the month of February: sales $822,000 (units 13,700); variable costs $460,320; and fixed costs $214,700. Management is considering the following independent courses of action to increase net income 1. Increase selling price by 2.6% with no change in total variable costs or units sold 2. Reduce variable costs to 52.50% of sales. (a) Your answer is correct. Compute the net income to be earned under each alternative. (Round per unit calculations to 2 decimal places, es 15.25 and final answers to O decimal places, e.y. 125.) Alternative #1 Alternative #2