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The following income statements are provided for Li Company's last two years of operation: Number of units produced and sold Sales revenue Cost of goods sold Voce i wnundle Gross margin General, selling and administrative expenses Net income COS Year 1 3,600 $57,600 43,000 14,600 7.420 $ 7,180 Year 2 3.200 $51,200 39,000 12,200 6,940 $ 5,260 $14,000 manufacturing overhead? Assuming that cost behavior did not change over the two-year period, what is the annual amount of the company's fixed 1. Umoe in variole COST 57, 603-51,200 $7,000 = 6.900 2. diffon # in onits 3, G20 - 5, 2020 Y 3. vara ele ST 6,400/400= 16 O None of these . hele wsT - 3.60 X 16- 57, e Fixed COST: Tone Cost vornble cost 57,600 - 57 6 $16,000 2