Problem 20-1A ThreePoint Sports Inc., manufactures basketballs for the Women's National Basketball Association (WNBA)For the first 6 months of 2017, the company reported the following operating results while operating producing 119, 100 units. 80% of plant capacity and $4,525.000 3,519,459 Sales Cost of goods sold Selling and administrative expenses Net Income Fixed costs for the period were cost of goods sold $960,000, and selling and administrative expenses $233.000 In July, normally a slack manufacturing month, ThreePoint Sports receives a special order for 10,000 baskets at 29 each from the Greek Basketball Association (GBA). Acceptance of the order would increase variable seling and administrative expenses $0.76 per unit because of shipping costs but would not increase feed costs and expenses URCES parentheses e.g. (45).) ork Reject Order Accept Order Net Income Increase (Decrease) Revenues 4525800 4815800 290000 Cost of goods sold 2559459 2774359 -214900 tudy Selling and administrative expenses 179842 202541 22700 Net Income 1786500 1838900 52400 (6) Should ThreePoint Sports Inc. accept the special order? 1 Yes x Your answer is incorrect. Try again. What is the minimum selling price on the special order to produce net income of $5.11 per ball? (Round answer to 2 decimal places, 6.9.11 Minimum selling price 1 $2400