Please answer the following two questions

Crane Company reports the following operating results for the month of August: sales $315,000 (units 5,000); variable costs $218,000; and fixed costs $70,000. Management is considering the following independent courses of action to increase net income. Compute the net income to be earned under each alternative. 1. Increase unit selling price by 10% with no change in total variable costs or sales volume. Net income $ 58500 2. Reduce variable costs to 60% of sales. Net income $ 114200 3. Reduce fixed costs by $23,000. Net income $ 50000 Which course of action will produce the highest net income? Alternative 2 Crane Inc. had a bad year in 2021. For the first time in its history, it operated at a loss. The company's income statement showed the following results from selling 100,800 units of product: net sales $ 2,520,000; total costs and expenses $ 2,816,100; and net loss $ 296,100. Costs and expenses consisted of the following. Total Variable Fixed Cost of goods sold $ 1,975,680 $ 1,323,000 $ 652,680 Selling expenses 651,420 115,920 535,500 Administrative expenses 189,000 73,080 115,920 $ 2,816,100 $ 1,512,000 $ 1,304,100 Management is considering the following independent alternatives for 2022. 1. Increase unit selling price 25% with no change in costs and expenses. 2. Change the compensation of salespersons from fixed annual salaries totaling $ 252,000 to total salaries of $ 50,400 plus a 5% commission on net sales. 3. Purchase new high-tech factory machinery that will change the proportion between variable and fixed cost of goods sold to 50:50. (a) Compute the break-even point in sales dollars for 2021. (Round contribution margin ratio to 4 decimal places e.g. 0.2512 and final answer to 0 decimal places, e.g. 2,510.) Break-even point $ (b) Compute the break-even point in sales dollars under each of the alternative courses of action for 2022. (Round contribution margin ratio to 3 decimal places e.g. 0.251 and final answers to O decimal places, e.g. 2,510.) Break-even point 1. Increase selling price $ 2. Change compensation $ 3. Purchase machinery $ Which course of action do you recommend