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The following income statements are provided for Li companys last two years of operation: assuming that the cost behavior did not change over the two

The following income statements are provided for Li companys last two years of operation: assuming that the cost behavior did not change over the two year period, what is the companys annual fixed general, selling, and administrative cost?
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The following income statements are provided for Li Company's last two years of 2012 2013 Number of units produced and sold Sales revenue Cost of goods sold 3,700 4100 $69,700 55,760 49,960 Gross margin General, selling and administrative expenses 13,940 12,620 2,940 11,740 Net income $1,320 $1.200 Assuming that cost behavior did not change over the two year period, what is the O $11740 O $3100 O $12.620 $3,600

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