Thad is worried about the selling price. Rumors are circulating that other retro brands of cycles may be revived. If so$,$ the selling price for the Western Hombre would have to be reduced to $$12,200$ to compete effectively. In that event, Thad would also reduce fixed expenses to $$697,000$ by reducing advertising expenses, but he still hopes to sell $300$ units per year.

d$.$ What would the net operating income be in this situation? $($Negative amount should be indicated by a minus sign.$)$

$\backslash$table$[[$Net opel$]]$