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The Isbit Company has developed an income statement using a contribution margin format (refer to .pdf in Moodle). The projected income statement was based upon

The Isbit Company has developed an income statement using a contribution margin format (refer to .pdf in Moodle). The projected income statement was based upon sales of 10,000 units. Isbit has capacity to produce 15,000 units per year. Management believes that by lowering the selling price to $18 per unit, the company can increase sales by 2,000 units. What would the expected impact to income be?

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