helpp

Wildhorse Profiles provides testing services to school districts that wish to assess students' reading and mathematical abilities. Last year Wildhorse evaluated 51,000 math tests and 17,000 reading tests. An income statement for last year follows. In an effort to raise the demand for reading tests, managers are planning to lower the price from $36 per test to $20 per test, the current price of the math test. They believe that doing so will increase the demand for reading tests to 51,000. Prepare a contribution format income statement reflecting Wildhorse's new pricing and demand structure