Blossom Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $47 throughout the country to loyal alumni of over 2,100 schools. Blossoms variable costs are 43% of sales; fixed costs are $114,000 per month.

C) Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $12,100 per month. If Blossom were to raise its sales price by 11% to cover these new costs, what would be the new annual breakeven point in sales dollars?

D) Assume that variable costs increase to 47% of the current sales price and fixed costs increase by $12,100 per month. If Blossom were to raise its sales price by 11% to cover these new costs, what would be the new operating Income?