Howard Cooper, the president of Glacier Computer Services, needs your help. He wonders about the potential effects on the firm's net income if he changes the service rate that the firm charges its customers. The following basic data pertain to fiscal Year 1: Required a. Prepare the pro forma income statement that would appear in the master budget if the firm expects to provide 30,000 hours of services in Yeat 1. b. A marketing consultant suggests to Mr, Cooper that the service rate may affect the number of service hours that the firm can achieve. According to the consultant's analysis, if Glacier charges customers $56 per hour, the firm can achieve 38,000 hours of services. Prepare a fexible budget using the consultant's assumption. c. The same consultant also suggests that if the firm raises its rate to $64 per hour, the number of service hours will decline to 25,000 . Prepare a fiexible budget using the new assumption. d. Which pricing strategy should be adopted? Complete this question by entering your answers in the tabs below. Prepare the pro forma income statement that would appear in the master budget if the firm expects to provide 30,000 hours