Mellnan expects to sell a total of 12800 million units in fiscal year 2013. using high-low method, estimate Mellmans net operating income for fisical year 2013, and choose the closest number for your answer.

Listed below are comparative income statements of Mellman Corporation: Mellman Corporation Comparative Income Statements (in Millions of USD) 2012 2011 2009 2010 Fiscal Year I1,000 MAY2 20c 7600 1S730 4/95 9500 8.500 9,600 Unit Sold (in millions) $49,500 S38.250 $33.750 $43,200 Sales (Net) S10,200 $14.000 - Cost of Goods Sold $12.100 $10.600 Gross Profit $26,150 $23.150 $33.000 $35.500 $11,200 $11,000 $13,000 $16,000 260 36050 Selling Expense $4.620 $5,050 $4,600 $6,050 Administrative Expense 250 30.9 $17.600 $22.050 -Total Sclling and Admin Expenses $16,050 $15.820 Net Operating Inceme Loss) $15400 S13.450 $10.330 $7.100 Mellman expects to sella total of 12,800 million.anits.in fiscal ycar 2013 Using the high-low ate Mellman's net operating income for fiscal year 2013 (in Smillions), and choose the er for your answer (Be accurate - keep intermediate steps to 4 digits after decimal and inal answer to 2 digits): m cl io Millons ro 884.29 B 6,715.71 C. $15.808.57 D. $17.622.86 E. None of above. Est No a + 12 Page 2 W DELL arn Aage S RSA Securao