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 (79,500 units) Cost of goods sold Gross profit Operating expenses Net income $7,155,000 5,167,500 1,987,500 795,000 $1,192,500 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 4,000 fireplaces at $63 each from Langston's Landscape Company. Acceptance of the order would result in an additional $7,100 of shipping costs but no increase in fixed operating expenses. (a) Your answer is correct. 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).) Net Income Increase (Decrease) Reject order Accept order Revenues 0 252000 252000 Costs Cost of Goods Sold 0 -208000 -208000 Operating Expenses 0 -28000 -28000 Shipping Expenses 0 -7100 -7100 Net Income 8900 8900 $1 $ Click if you would like to Show Work for this question: Open Show Work Should Conklan Company accept the special order? Why or why not? Yes higher its income is with this order. Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor. Attempts: 1 of 2 used You have surpassed the number of attempts % to earn Maximum Points for this question. For this attempt, and any subsequent attempt(s), you will earn points according to the Point Potential policy set by your instructor. (c) Before Conklan could give Langston's Landscape Company an answer, they received a special order from Benson Building & Supply for 14,100 fireplaces. Benson is willing to pay $66 per fireplace but they want a special design imbedded into the fireplace that increases cost of goods sold by $66,270. The special design also requires the purchase of a part that costs $4,800 and will have no future use for Conklan Company. Benson Building & Supply will pick up the fireplaces so no shipping costs are involved. Due to capacity limitations, Conklan cannot accept both special orders. Which order should be accepted? Document your decision by preparing an incremental analysis for Benson's order. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) Net Income Increase (Decrease) Reject order Accept order Revenues $ $ Costs Cost of Goods Sold Operating Expenses Unique part Net Income Conklan should accept the order from Click if you would like to Show Work for this question: Open Show Work