Crane Company reports the following operating results for the month of August: sales $392,000 (units 4,900). variable costs $254,000, and fixed costs $91,000. Management is considering the following independent courses of action to increase net income 1 Increase selling price by 15% with no change in total variable costs or units sold. Reduce variable costs to 68% of sales. 2. Compute the net income to be earned under each akernative. 1. Net Income $ 2 Net Income $ Which course of action will produce the higher net income