Spach Corporation manufactures numerous products, one of which is called Beta$68.$ The company has provided the following data about this product:

Unit sales $($a$)110,000$

Selling price per unit $ $16\mathrm{.}00$

Variable cost per unit $10\mathrm{.}00$

Contribution margin per unit $($b$)$ $ $6\mathrm{.}00$

Total contribution margin $($a$)\backslash$times $($b$)$ $ $660,000$

Traceable fixed expense $580,000$

Net operating income $ $80,000$

Management is considering decreasing the price of Beta$68$ by $5\%,$ from $$16\mathrm{.}00$ to $$15\mathrm{.}20.$ The company$$s marketing managers estimate that this price reduction would increase unit sales by $10\%,$ from $110,000$ units to $121,000$ units. Assuming that the total traceable fixed expense does not change, what net operating income will product Beta$68$ earn at a price of $$15\mathrm{.}20$ if this sales forecast is correct?Spach Corporation manufactures numerous products, one of which is called Beta$68.$ The company has provided the following data about this product:

Unit sales $($a$)110,000$

Selling price per unit $ $16\mathrm{.}00$

Variable cost per unit $10\mathrm{.}00$

Contribution margin per unit $($b$)$ $ $6\mathrm{.}00$

Total contribution margin $($a$)\backslash$times $($b$)$ $ $660,000$

Traceable fixed expense $580,000$

Net operating income $ $80,000$

Management is considering decreasing the price of Beta$68$ by $5\%,$ from $$16\mathrm{.}00$ to $$15\mathrm{.}20.$ The company$$s marketing managers estimate that this price reduction would increase unit sales by $10\%,$ from $110,000$ units to $121,000$ units. Assuming that the total traceable fixed expense does not change, what net operating income will product Beta$68$ earn at a price of $$15\mathrm{.}20$ if this sales forecast is correct?