Rooney Company produces a product that has a variable cost of $21 per unit and a sales price of $61 per unit. The company's annual fixed costs total $710,000. It had net income of $270,000 in the previous year. In an effort to increase the company's market share. management is considering lowering the selling price to $53 per unit. Required a. If Rooney desires to maintain net income of $270,000, how many additional units must it sell to justify the price decline? b. Assume that in addition to lowering its selling price to $53. Rooney also desires to increase its net income by $76,000. Determine the number of units the company must sell to earn the desired income. Complete this question by entering your answers in the tabs below. If Rooney desires to maintain net income of $270,000, how many additional units must it sell to justify the price decline