Goshford Company produces a single product and has capacity to produce 115,000 units per month. Costs to produce its current sales of 92,000 units follow. The regular selling price of the product is $148 per unit. Management is approached by a new customer who wants to purchase 23,000 units of the product for $81.00 per unit. If the order is accepted, there will be no additional fixed manufacturing overhead and no additional fixed selling and administrative expenses. The customer is not in the company's regular selling territory, so there will be a $7.00 per unit shipping expense in addition to the regular variable selling and administrative expenses. irect materials irect labor ariable manufacturing overhead ixed manufacturing overhead ariable selling and administrative expenses ixed selling and administrative expenses otals Per Unit $12.50 15.00 14.00 17.50 16.00 15.00 $90.00 Costs at 92,000 Units $1,150,000 1,380,000 1,288,000 1,610,000 1,472,000 1,380,000 $8,280,000 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses Totals Per Unit $12.50 15.00 14.00 17.50 16.00 15.00 $90.00 Calculate the combined total net income if the company accepts the offer to sell additional units at the reduced price of $81.00 per unit. Determine whether management should accept or reject the new business. Normal Volume Additional Volume Combined Total $ 0 0 0 Sales Costs and expenses: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and admin. exp Fixed selling and admin. exp 0 0 0 0 0 Variable selling and admin. exp Fixed selling and admin. exp 0 0 0 Total costs and expenses Net income (loss) 0 0 $ 0 0 $ 0 $ Net Income Accept or Reject> Net Income Accept or Reject Determine whether management should accept or reject tl Determine whether management should accept or reject the new business.