Use below information for Questions $9$ to $10$ :

$$en Inc. operates a small factory in which it manufactures two products: C and D$.$ Production and sales results for last

year were as follows:

For purposes of simplicity, the firm averages total fixed costs over the total number of units produced. The research

department has developed a new product $($E$)$ as a replacement for product D$.$ Market studies show that the firm could

sell $11,500$ units of $E$ next year. Unit variable cost of producing $E$ is estimated to be TL$48$ at a contribution margin

ratio of $65\%.$

Arif Bey, the CMO of the $$en Inc., forecasts that introduction of E will lead to a $16\%$ decrease in demand for product $C$

and discontinuation of product D$.$ If the company does not introduce the new product, it expects next year's results to

be the same as last year's.

Q$-9)$ Calculate net income for the next year if the company does not introduce product E$.$

Q$-10)$ Calculate net income for the next year if the company introduces product E$.$