Oriole Manufacturing's sales slumped badly in 2022 due to so many people purchasing gifts online. The company's income statement showed the following results from selling 500,000 units product: net sales $2,150,000; total costs and expenses $2,529,730, and net loss $379,730. Costs and expenses consisted of the following Total Cost of goods sold $2,009,730 Variable $1,305,000 Fixed $704,730 Selling expenses 210,000 55,000 155,000 Administrative expenses 310,000 155,000 155,000 $2.529,730 $1,515,000 $1,014,730 Management is considering the following alternative for 2023 Purchase new automated equipment that will change the proportion between variable and fixed expenses to 45% variable and 50% foied