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Revenue: 431,190,000 COGS: 297,372,000 Gross Profit: 133,818,000 Other Costs: 89,650,000 Net Income: 44,168,000 Your material costs are 79% of the cost of goods sold. What

Revenue: 431,190,000 COGS: 297,372,000 Gross Profit: 133,818,000 Other Costs: 89,650,000 Net Income: 44,168,000 Your material costs are 79% of the cost of goods sold. What is the new net income after the material costs decrease by 6%? Group of answer choices a) $ 14,095,432.80 b) $ 58,263,432.80 c) $ 30,072,567.20 d) $ 62,010,320.00 e) $ 44,168,000.00

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