Sheridan Willis is the advertising manager for Bargain Shoe Store. She is currently working on a major promotional campaign. Her ideas include the installation of a new lighting system and increased display space that will add $33,060 n fixed costs to the $307,800 currently spent. In addition, Sheridan is proposing that a 5% price decrease ($40 to $38) will produce a 25% increase in sales volume (22.800 to 28,500). Variable costs will remain at $25 per pair of shoes, Management is impressed with Sheridan's ideas but concerned about the effects that these changes will have on the break-even point and the margin of safety (a) Compute the current break-even point in units, and compare it to the break even point in units if Sheridan's ideas are used. Current break-even point pairs of shoes New break-even point pairs of shoes eTextbook and Media Attempts: 0 of 5 used Submit Answer Save for Later (b) Compute the margin of safety ratio for current operations and after Sheridan's changes are introduced (Round answers to o decimal places, e.g. 15%) Current margin of safety ratio 96 20 New margin of safety ratio e Textbook and Media Attempts:0 of 5 used Submit Answer Save for Later (c) Prepare a CVP income statement for current operations and after Sheridan's changes are introduced BARGAIN SHOE STORE CVP Income Statement Current New > Would you make the changes suggested