Blue Ocean Company sells T-shirts. The business's profit calculation for last year is shown here: To increase its market share, Blue Ocean decided to reduce the selling price by $2 while increasing its fixed advertising cost by $3,500. After those changes are made, they expect to sell 3500 T-shirts next year. The variable cost per t-shirt will be unchanged. Required: a. Using the above income statement format, show the calculation of expected profit/loss for Blue Ocean's operation next year. (20 marks)