Calculate the impact of the exhibit on company profit. I like as soon as I can. Thank you!

Exercise 7-4 Your answer is partially correct. Try again. Penny Worth Interiors, an interior design company, has experienced a drop in business due to an increase in interest rates and a corresponding slowdown in remodeling projects. To stimulate business, the company is considering exhibiting at the Middleton Home and Garden Expo. The exhibit will cost the company $14,920 for space. At the show, Penny Worth Interiors will present a slide show on a laptop, pass out brochures that were printed previously (the company printed more than needed), and show its portfolio of previous jobs. The company estimates that revenue will increase by $39,940 over the next year as a result of the exhibit. For the previous year, profit was as follows: $212,138 Revenue Less: Design supplies Salary of Samantha Spade (owner) Salary of Kim Bridesdale (full-time employee) Rent Utilities Depreciation of office equipment Printing of advertising materials Advertising in Middleton Journal Travel expenses other than depreciation of autos Depreciation of company cars Net income $17,919 81,942 56,039 19,034 6,900 4,330 785 2,850 3,130 10,920 203,849 $8,289 Calculate the impact of the exhibit on company profit. (Round intermediate calculations to 4 decimal places, e.g. 0.3215 and final answer to O decimal places, e.g. 125.) 19472 Company profit will increase by Should the company exhibit at the home show? The company T should exhibit at the home show. Click if you would like to Show Work for this question: Open Show Work