Blossom, Inc, reports the following operating results for August: Sales $488,000 (units 6,100 ); variable costs $292,800; and fixed costs $109.800. Management is considering the following independent courses of action to increase net income. 1. Increase the selling price by 10%. 2. Reduce variable costs to 55% of sales. 3. Reduce fixed costs by $26,000. Compute the net income to be earned under each alternative