Please view the video available at https://www.youtube.com/watch?v=Jtokk7wcwiQ Once you have viewed the video, please complete and submit the the table below for the Seminar Assignment McKnight Enterprises has the following operating profit: Sales Variable Costs Contribution Margin Fixed Costs Operating Profit $400,000 160,000 $240,000 140,000 $100,000 The company could increase revenues by 10% by reducing sales discounts by 10%. There will be no changes in variable or fixed costs. What would be the percentage increase in operating profits? Initial With 10% Revenue Increase Net sales revenues $400,000 Enter Answer Here Variable Costs $160,000 Enter Answer Here Contribution Margin $240,000 Enter Answer Here Fixed Costs $140,000 Enter Answer Here Operating Profit $100,000 Enter Answer Here % Change in Operating Profit Enter Answer Here