Blossom sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Total Per Unit Sales revenue $675,000 $50 236,250 17:50 Variable expenses Contribution margin 438,750 $ 32.50 Fixed expenses 279,500 Operating income $ 159.250 Blossom's managers have determined that variable costs per unit will increase by 20% beginning next month. To offset this increase in costs, they are considering a 12% increase in the sales price. Market research indicates that the price increase will result in a 3% decrease in the number of learning systems Blossom sells. What will be Blossom's expected operating income if the price increase is implemented? (Round per unit calculations to 2 decimal places es, 5275 and final answer to decimal places, es. 5,275) $ Operating income