Oriole Tot sells a learning system that helps preschool and elementary students learn basic math facts and concepts. The company's income statement from last month is as follows: Per Unit Sales revenue $54 24.30 Total $739,800 332,910 406,890 247,500 $ 159,390 Variable expenses Contribution margin Fixed expenses Operating income $29.70 Oriole Tot's managers have determined that variable costs per unit will increase by 20% beginning next month. To offset this increase in costs, they are considering a 11% increase in the sales price. Market research indicates that the price increase will result in a 2% decrease in the number of learning systems OrioleTot sells. What will be Oriole Tot's expected operating income if the price increase is implemented? (Round per unit calculations to 2 decimal places e.g. 52.75 and final answer to O decimal places, e.g. 5,275.)