Hyperion, Inc., currently sells its latest high$-$speed color printer, the Hyper $500,$ for $$350.$ It plans to lower the price to $$295$ next year. Its cost of goods sold for the Hyper $500$ is $$191$ per unit,

and this year's sales $($at the current price of $$350)$ are expected to be $23,800$ units.

a$.$ Suppose that if Hyperion drops the price to $$295$ immediately $($rather than waiting one year$),$ it can increase this year's sales by $21\%$ to $28,798$ units. What would be the incremental impact on

this year's EBIT of such a price drop?

b$.$ Suppose that for each printer sold, Hyperion expects additional sales of $$69$ per year on ink cartridges for the three$-$year life of the printer, and Hyperion has a gross profit margin of $83\%$ on

ink cartridges. What is the incremental impact on EBIT for the next three years of such a price drop?

a$.$ Suppose that if Hyperion drops the price to $$295$ immediately $($rather than waiting one year$)$ it can increase this year's sales by $21\%$ to $28,798$ units. What would be the incremental impact on

this year's EBIT of such a price drop?

The change in this year's EBIT is $

$($Round to the nearest dollar. Enter a decrease as a negative number.$)$Hyperion$,$Inc$.,$ currently sells its latest$$ high$-$speed color$$ printer, the Hyper$500,$ for $ $350.$ It plans to lower the price to $ $295$ next year. Its cost of goods sold for the Hyper $500$ is $ $191$ per$$ unit, and this$$ year's sales$($at the current price of $ $350)$ are expected to be $23$ comma $800$ units.

a$.$ Suppose that if Hyperion drops the price to $ $295$ immediately$($rather than waiting one$$ year$),$ it can increase this$$ year's sales by $21\%$ to $28$ comma $798$ units. What would be the incremental impact on this$$ year's EBIT of such a price$$ drop?

b$.$ Suppose that for each printer$$ sold, Hyperion expects additional sales of $ $69$ per year on ink cartridges for the$$ three$-$year life of the$$ printer, and Hyperion has a gross profit margin of $83\%$ on ink cartridges. What is the incremental impact on EBIT for the next three years of such a price$$ drop?

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Part $1$

a$.$ Suppose that if Hyperion drops the price to $ $295$ immediately$($rather than waiting one$$ year$)$ it can increase this$$ year's sales by $21\%$ to $28$ comma $798$ units. What would be the incremental impact on this$$ year's EBIT of such a price$$ drop?

The change in this$$ year's EBIT is $$$