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Sheridan Company manufactures dog food for distribution in Washington, Oregon, and California. A dog food distributor from Florida has approached Sheridan and offered to purchase

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Sheridan Company manufactures dog food for distribution in Washington, Oregon, and California. A dog food distributor from Florida has approached Sheridan and offered to purchase 258000 pounds of dog food for $1.40 per pound. Sheridan can produce 2036000 pounds of dog food per year, and its results for last year are as follows: If Sheridan accepts the offer, it will only be able to sell 1778000 pounds of dog food at the regular price due to its capacity constraints. What will Sheridan's total operating income be next year if it accepts the offer? $1265300 $1384100 $1329800 $2073300

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