Sand Companys contribution format income statement for the most recent month is shown below:

	Total			Per Unit
Sales (45,000 units)	$	450,000		$	10.00
Variable expenses		315,000			7.00
Contribution margin		135,000		$	3.00
Fixed expenses		46,000
Net operating income	$	89,000

What is the revised net income if the selling price decreases by $1.40 and the number of units sold increases by 15%?

	a.	$ 58,050
	b.	$ 12,050
	c.	$109,250
	d.	$ 36,800