The condensed income statement for the Lisa and Chris partnership for 2025 is as follows. Lisa and Chris Company Income Statement For the Year Ended December 31, 2025 Sales (270,000 units) Cost of goods sold Gross profit Operating expenses Selling Administrative Net loss $1,350,000 900,000 450,000 $315,000 163,000 478,000 $(28,000) A cost behavior analysis indicates that 75% of the cost of goods sold are variable and 42% of the selling expenses are variable. Administrative expenses are $92,800 fixed. 58F Cloudy C (c) Chris was a marketing major in college. He believes that sales volume can be increased only by intensive advertising and promotional campaigns. He therefore proposed the following plan as an alternative to Lisa's: (1) increase unit variable selling expenses to $0.530, (2) lower the unit selling price by $0.30, and (3) increase fixed selling expenses by $49,000. Chris quoted an old marketing research report that said that sales volume would increase by 60% if these changes were made. Compute net income under Chris's proposal and the break-even point in sales dollars. (Round Intermediate calculations to 2 decimal places, eg. 15.25 and final answers to O decimal places, e.g. 2.520) Net income Break-even point in sales $ Amounts