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Foress Interiors, an interior design company, has experienced a drop in business due to an increase in interest rates and a corresponding slowdown in remodeling

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Foress Interiors, an interior design company, has experienced a drop in business due to an increase in interest rates and a corresponding slowdown in remodeling projects. To stimulate business, the company is considering exhibiting at the Middleton Home and Garden Expo, The exhibit will cost the company $14.950 for space. At the show. Foress Interiors will present a slideshow on a laptop, pass out brochures that were printed previously (the company printed more than needed), and show its portfolio of previous jobs. The company estimates that revenue will increase by $40,240 over the next year as a result of the exhibit. For the previous year, profit was as follows: Revenue $211.795 Less: Design supplies $18.035 Salary of Samantha Spade (owner) 81.934 Salary of Kim Bridesdale (full-time employee) 55,555 Rent Utilities 7.170 Depreciation of office equipment 4160 Printing of advertising materials Advertising in Middleton Journal 3.290 Travel expenses other than depreciation of autos 3,300 Depreciation of company cars 9.370 202716 Net Income $9.079 19.150 752 Assume that design supplies and travel other than depreciation are variable costs Calculate the impact of the exhibiton company proht. (Round intermediate calculations to 4 decimal places, c.8.0.3215 and final answer to O decimal places, eg. 125) Company profit will

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