Cullumber Company reports the following operating results for the month of August: sales $375,000 (units 5.000), variable costs $246,000, and fixed costs $97.000. Management is considering the following independent courses of action to increase net income Increase selling price by 12% with no change in total variable costs or units sold. Reduce variable costs to 69% of sales. 1 2 Compute the net income to be earned under each alternative 1 Net Income $ 2 Net Income $ Which course of action will produce the higher net income