For 20Y2, Fielder Industries Inc. Initiated a sales promotion campaign that included the expenditure of an additional $40,000 for advertising. At the end of the year, Leif Grando, the president, is presented with the following condensed comparative income statement: 2. The net income as a percent of sales has Att the costs and expenses, other than seting expenses, have maintained 2. The net income as a percent of sales has All the costs and expenses, other than selling expenses, have mainta their approximate cost as a percent of sales relationship between 20 Y1 and 20Y2. Selling expenses as a percent of sales, however, have - Apparently, the new advertising campaign been successful. The increased expense produced sufficient sales to maintain relative profitability, Thus, selling expenses as a percent of sales have 2. The net income as a percent of sales ha: 7. All the costs and expens their approximate cost as a percent of sales 20Y1 and 20Y2. Selling exp Apparently, the new advertising campaign been successful. The increa: sufficient sales to maintain relative profitability. Thus, selling expenses as a percent of sales ha ts and expenses, other than selling expenses, have maintained 12. Selling expenses as a percent of sales, however, have sful. The increased expense prodt rent of sales have me as a percent of sales has All the costs and expen: ate cost as a percent of sales relationship between 20Y1 and 20Y2. Selling exp e new advertising campaigt been successful. The increa s to maintain relative profiti penses as a percent of sales h es, other than selling expenses, have maintained enses as a percent of sales, however, have ased expense 3 produced have has has not and expenses, other than selling expenses, have maintained Selling expenses as a percent of sales, however, have ul. The increased expense produced cent of sales have increased decreased