Cullumber, Inc reports the following operating results for August: Sales $558,000 (units 6.200 variable costs $334,800 and fixed costs $142,600. Management is considering the following Independent courses of action to increase net income. 1. Increase the selling price by 10% 2 Reduce variable costs to 55% of sales 3. Reduce foxed costs by $27,000 Compute the net income to be earned under each alternative Net income 1. Increase selling price $ 2. Reduce variable costs 3. Reduce fixed costs