Cullumber Farms reports the following results for the month of November: Sales ( 11,100 units) $ 710,400 Variable costs 499,500 Contribution margin 210.900 Fixed costs 122,100 Net income $ 88,800 Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 5% with no change in total variable costs. 2. Reduce variable costs to 66% of sales. 3. Reduce fixed costs by $ 10,000. Calculate net income for the above courses of action, Course Net Income 1. Increase selling price $ Management is considering the following independent courses of action to increase net i 1. Increase selling price by 5% with no change in total variable costs. 2. Reduce variable costs to 66% of sales. 3. Reduce fixed costs by $10,000. Calculate net income for the above courses of action. Course Net Income 1. Increase selling price $ 2. Reduce variable cost $ 3. Reduce fixed cost $ If maximizing net income is the objective, which is the best course of action? Best course of action is