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Mixiao, Inc. currently sells its latest 6G phone, the MX600, for $2099. It plans to lower the price to $1999 next year. Its cost of

Mixiao, Inc. currently sells its latest 6G phone, the MX600, for $2099. It plans to lower the price to $1999 next year. Its cost of goods sold for the MX600 is $1702 per unit, and this years sales are expected to be 25,100 units. Suppose that if Mixiao drops the price to $1999 immediately, it can increase this years sales to 33,930 units. What would be the incremental impact on this years EBIT of such a price drop?

Group of answer choices

$112,510

-$72,878

None of these alternatives

$1,803,510

$1,098,810

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