Following a strategy of product differentiation, Taylor Corporation makes a high-end computer monitor, CT20. Taylor Corporation presents the following data for the years 2018 and 2019: 2018 2019 Units of CT20 produced and sold 5,000 5,300 Selling Price $410 $440 Direct materials (pounds) 15,000 15,375 Direct materials costs per pound $42 $44 Manufacturing capacity for CT20 (units) 10,000 9,500 Conversion costs $1,000,000 $1,045,000 Conversion costs per unit of capacity $100 $110 Selling and customer-service costs 60 58 Total selling and customer-service costs $360,000 $362,500 Selling and customer - service capacity cost per customer $6,000 $6,250 Taylor Corporation produces no defective units but it wants to reduce direct materials usage per unit of CT20 in 2019. Manufacturing conversion costs in each year depend on production capacity defined in terms of CT20 units that can be produced. Selling and customer- service costs depend on the number of customers that the customer and service functions are designed to support. Taylor Corporation has 60 customers in 2018 and 58 customers in 2019. The industry market size for high-end computer monitors increased 5% from 2018 to 2019. Required: a. What is the revenue effect of the growth component? b. What is the cost effect of the growth component? c. What is the net effect on operating income as a result of the growth component? d. What is the effect of the industry-market-size factor on operating income