Operating results for Division A of Alpha Company during $2019$ are as follows:

Sales $$320,000$

Cost of goods sold $198,400$

Gross profit $121,600$

Direct expenses $21,600$

Common expenses $36,000$

Total expenses $57,600$

Net income $$64,000$

If Division A would maintain the same quantity of product sold while raising selling prices by $4\%$ and making additional advertising expenditures of $$24,000,$ what would be the effect on the Division$$s net income? $($Ignore income taxes in your calculations.$)$