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Speedway Interiors, an interior design company, has experienced a drop in business due to increased interest rates and a corresponding slowdown in remodeling projects. To

Speedway Interiors, an interior design company, has experienced a drop in business due to increased interest rates and a corresponding slowdown in remodeling projects. To stimulate business, the company is considering exhibiting at the Middleton Home and Garden Expo. The exhibit will cost the company $15,140 for space. At the show, Speedway Interiors will present a slide show on a laptop, pass out brochures that were printed previously (the company printed more than needed), and show its portfolio of previous jobs.

The company estimates that revenue will increase by $39,850 over the next year due to the exhibit. For the previous year, profit was as follows:

Revenue $213,969
Less:
Design supplies $18,158
Salary of Samantha Spade (owner) 81,754
Salary of Kim Bridesdale (full-time employee) 55,978
Rent 19,046
Utilities 6,870
Depreciation of office equipment 4,340
Printing of advertising materials 823
Advertising in Middleton Journal 3,280
Travel expenses other than the depreciation of autos 3,180
Depreciation of company cars 9,040 202,469
Net income $11,500

Calculate the impact of the exhibit on company profit. (Round intermediate calculations to 4 decimal places, e.g. 0.3215 and final answer to 0 decimal places, e.g. 125.)

Company profit will increase or decrease? by how much?

Should the company exhibit at the home show?

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