Mojos Coffee Cart currently rents space in a resort area for $1,000 per month ($12,000 annually, but only operates from April to November each year). Next year, they plan to keep the business open year round. They expect sales volume to increase by 12%. Currently, blended coffee sells for $5.00 for a 12-ounce cup, unit variable costs are $1.75 per cup, fixed costs, including the rent, are $1,500 monthly, and annual sales are $100,000. How would the singular change to remain open year-round affect the annual net income?

It would increase by $7,800. I know the answer. but I want how we can get to the answer.

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