Hanover Binding plans to produce 40,000 books next year at a total cost of $1,840,000 with a selling price per book of $66.00. The fixed costs total $280,000. Management is considering lowering the price to $60.00 per book, and feels that this action will cause sales to climb to 46,000 books. What will be the incremental costs incurred if 46,000 books are sold?

$340,000$234,000$(30,000)$360,000$195,000