Grane Company reports the following operating results for the month of August: sales $408,000 (units 5,100 , variable costs $258,000, and fured costs $93,000. Management is considering the following independent courses of action folincrease net income. 1. Increase selling price by 15% with no change in total variable costs or units sold. 2. Reduce variable costs to 61% of sales. Compute the net incorne to be earned under each alternative. 1. Ntincorne 2. Net lncome Which course of action will produce the higher net income