Company E provides you the following information: (1) sales volume = 5,000 units, (2) total sales = $500,000, (3) per unit variable expenses = $85.00, and net income = $50,000. Company E has a new supplier who will reduce per unit variable expenses by $5.00. Company E expects a 10.0% decrease in its product's sale price and a 5.0% increase in sales volume. Compute the change in income. Net income declines $22,500 Net income increases $27,500 Net income increases $82,500 Net income declines $75,000