Home Seating Company is currently selling 3,200 oversized bean bag chairs a month at a price of $75 per chair. The variable cost of each chair sold includes $55 to purchase the bean bag chairs from suppliers and a $2 sales commission. Fixed costs are $7,000 per month. The company is considering making several operational changes and wants to know how the change will impact its operating income. Read the requirements. b. Alternative 2: The company believes that spending an additional $5,500 on advertising would increase sales volume by 8%. (Use parentheses or a minus sign for an operating loss.) Home Seating Company Contribution Margin Income Statement Sales revenue Variable expenses: Cost of goods sold Operating expenses Contribution margin Fixed expenses TUTT Operating income (loss)