Exercise 19-16 a1, b (Video) (Part Level Submission) An investment banker is analyzing two companies that specialize in the production and sale of candied yams. Traditional Yams uses a labor-intensive approach, and Auto-Yams uses a mechanized system. CVP income statements for the two companies are shown below. Traditional Yams Sales Variable costs Contribution margin Fixed costs Net income $391,000 322,000 69,000 19,000 $50,000 Auto-Yams $391,000 164,000 227,000 177,000 $50,000 The investment banker is interested in acquiring one of these companies. However, she is concerned about the impact that each company's cost structure might have on its profitability. (1) x your answer is incorrect. Try again. Determine the effect on each company's net income if sales decrease by 20% and if sales increase by 9%. Do not prepare income statements. (Round answers to 2 decimal places, e.g. 10.52. If % change is negative, enter amount with either a negative sign or parenthesis, e.g. -10.52 or (10.52).) % Change in Net Income Sales decrease by 20% Traditional Yams Auto-Yams Sales increase by 9% Traditional Yams Auto-Yams