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Gaga reported the following: Units: 656 Sales $6737 Variable Costs $620 Fixed Costs $538 If the company reduces its selling price by $1.07 per unit

Gaga reported the following:

Units: 656

Sales $6737

Variable Costs $620

Fixed Costs $538

If the company reduces its selling price by $1.07 per unit to generate more sales AND expects the number of units sold to increase by 282 units, what would be the impact to net income?

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