Exercise 18-15 Yams Company reports the following operating results for the month of August: sales $357,000 (units 5,100), variable costs $259,000, and fixed costs $99,000 Management is considering the following independent courses of action to increase net income. 1. Increase selling price by 12% with no change in total variable costs or units sold. 2. Reduce variable costs to 66% of sales. Compute the net income to be earned under each alternative. (Round intermediate calculations to 2 decimal places e.g. 2.25 and final answer to O decimal places, e.g. 12,125.,) 1. Net Income 2. Net Income s which course of action will produce the higher net income Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT VIDEO: APPLIED SKILLS