Required information (The following information applies to the questions displayed below.] The Fashion Shoe Company operates a chain of women's shoe shops that carry many styles of shoes that are all sold at the same price. Sales personnel in the shops are pald a sales commission on each pair of shoes sold plus a small base salary. The following data pertains to Shop 48 and is typical of the company's many outlets: Per Pair of Shoes $ 40.ee Selling price Variable expenses: Invoice cost Sales commission Total variable expenses $ 16.ee $ 20.ee Annual Fixed expenses: Advertising Rent Salaries Total fixed expenses $ 43,80 35,880 165,000 $243.800 3. If 11,450 pairs of shoes are sold in a year, what would be Shop 48's net operating Income (loss)