Challenge Exercise 7-1 (Part Level Submission) Conklan Company manufactures outdoor fireplaces. For the first 9 months of 2020, the company reported the following operating results while operating at 80% of plant capacity: Sales (77,000 units) $6,930,000 Cost of goods sold 5,005,000 Gross profit 1,925,000 Operating expenses 770,000 Net income $1,155,000 Cost of goods sold was 80% variable and 20% fixed; operating expenses were 70% variable and 30% fixed. In October, Conklan Company receives a special order for 3,900 fireplaces at $62 each from Langston's Landscape Company. Acceptance of the order would result in an additional $6,300 of shipping costs but no increase expenses. fixed operating (a) Your answer is partially correct. Try again. Prepare an incremental analysis for the special order. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) Reject order Accept order Net Income Increase (Decrease) Revenues 0 241800 241800 Costs Cost of Goods Sold 0 20280 (20280) Operating Expenses 0 17745 (17745) Shipping Expenses 6300 (6300) Net Income 1974751 197475 Click if you would like to Show Work for this question: Open Show Work