Electron Manufacturing is a price-taker. Electron produces large spools of electrical wire in a highly competitive market; thus, the company uses target pricing. The current market price of the electric wire is $760 per unit. The company has $3,000,000 in average assets, and the desired profit is a return of 6% on assets. Assume all products produced are sold. The company provides the following information: Sales volume Variable costs Fixed costs 110,000 units per year $710 per unit $13,000,000 per year If variable costs cannot be reduced, how much reduction in fixed costs will be needed to achieve the profit target? O A. $13,180,000 O B. $7,680,000 OC. $7,500,000 OD. $13,000,000