if ticket prices were decreased by 10% passenger flights would increase 25%. However total variable costs would increase bu the same percentage as passenger flights. How much would net income be inpacted by this change?

Comli Airways, Inc, a small two-plane passenger airline, has asked for your assistance in some basic analysis of its operations. Both planes seat 10 passengers each, and they ily commuters from Comil's base airport to the major city in the state, Metropolis. Each month, 40 round-trip flights are made. Shown below is a recent month's activity in the form of a cost-volume-profit Income statement Fare revenues (400 passenger fights) $45,000 Variable costs Fuel $14,000 Snacks and drinks 800 Landing fees 2,000 Supplies and forms 1.200 18,000 Contribution margin 30,000 Fixed costs Depreciation 3.000 Salaries 15,000 Advertising SOO Airport hanger tees 1.750 20.250 Net income 59.750