Crane sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Total Per Unit Sales revenue $51 $765,000 306,000 459,000 312,000 $ 147,000 Variable expenses Contribution margin Fixed expenses Operating income 20.40 $30.60 Your answer is correct. If Crane's sales were to increase by $100,000 with no change in fixed expenses, by how much would operating income increase? (Use the rounded contribution margin ratio calculated in the previous part to compute breakeven sales.) $ 60,000 Net Operating income will increase by e Textbook and Media Attempts: unlimited (d) Crane's managers have determined that variable costs per unit will increase by 20% beginning next month. To offset this increase in costs, they are considering a 10% increase in the sales price. Market research indicates that the price increase will result in a 2% decrease in the number of learning systems Crane sells. What will be Crane's expected operating income if the price increase is implemented? (Round per unit calculations to 2 decimal places e.g. 52.75 and final answer to O decimal places, e.g. 5,275.) $ Operating income