factory rent expense: $10,250,000

production manager salaries: $8,500,000

insurance expense: $6,000,000

equipment depreciation expense: $5,350,000

advertising expense: $5,000,000

Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Required 1 Required 2A Required 2B Required 3A Required 3B Apple anticipates it will sell 100,000 units in the coming year. A marketing executive believes that increasing advertising costs by $4,000,000 will increase Apple's sales volume to 110,000 units. Compute net income if Apple does not increase advertising expenses. Does not increase advertising expenses Sales $ 75,000,000 Variable costs (29,000,000) Contribution margin 46,000,000 Fixed costs 39,100,000 Net income $ 6,900,000 Required 3B >