Just after Blake completed an income projection for 2,200 stuffed mascots, his supplier called to inform him of a 10% increase in cost of goods sold, effective immediately. Blake knows that he cannot pass the entire increase on to his customers, but thinks he can pass on half of the 10% increase while suffering only a 10% decrease in units sold. Calculate the operating income? (Round per unit to 2 decimal places and final answers to 0 decimal places, e.g. 5,275.) New projection with sales price increase $ New projection without sales price increase $ Should Blake respond to the increase in cost of goods sold with an increase in price? eTextbook and Media Just after Blake completed an income projection for 2,200 stuffed mascots, his supplier called to inform him of a 10% increase in cost of goods sold, effective immediately. Blake knows that he cannot pass the entire increase on to his customers, but thinks he can pass on half of the 10% increase while suffering only a 10% decrease in units sold. Calculate the operating income? (Round per unit to 2 decimal places and final answers to 0 decimal places, e.g. 5,275.) New projection with sales price increase $ New projection without sales price increase $ Should Blake respond to the increase in cost of goods sold with an increase in price? eTextbook and Media