Sunland Company reports the following operating results for the month of Augusti sales $ 300,000 units 5,000: variable costs 223,000 and fixed costs $ 70,000. Management is considering the following independent courses of action to increase net income Compute the net income to be earned under each alternative 1. Increase selling price by 10% with no change in total variable costs or sales volume. $ Net Income 2. Reduce variable costs to 56% of sales. $ Net income 3. Reduce fixed costs by 5 18.000 Senter a net income if the fixed costs are reduced by $18.000 Net income