Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $8.40 each, and the variable cost to manufacture them was $2.25 per unit. The company needed to sell 20,600 shirts to break-even. The after-tax net income last year was \$5,220. Dorcan's expectations for the coming year include the following: (CMA adapted) - The sales price of the T-shirts will be $12. - Variable cost to manufacture will increase by one-third. - Fixed costs will increase by 10%. - The income tax rate of 40% will be unchanged. The selling price that would maintain the same contribution margin ratio as last year is: Multiple Choice $10.20. $9.45. $11.20. $10.70