Total Fitness and Aerobic Town reported the following results for 2017:

Total FitnessAerobic Town

Sales$5,000,000$5,000,000

Variablecosts2,200,0001,000,000

Fixedcosts1,000,0002,200,000

Due to an economic downturn, it is estimated that sales for both companies will decrease next year by $300,000. Which company will have the larger percentage decrease in profit next year?

Neither; both companies will have the same profit.

Total Fitness will have a higher decrease in profit

Aerobic Town will have a higher decrease in profit.

There is not enough information provided to determine the answer.