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Use the information below to answer the following question. K-CO Company Summary Income Statement Data For the year ended December 31, 2016 $ Total $

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Use the information below to answer the following question. K-CO Company Summary Income Statement Data For the year ended December 31, 2016 $ Total $ per unit Sales (4,000 units) $ 800,000 200.00 100% Total Variable Costs 120.00 60% nol rol Contribution Margin Total Fixed Costs 200,000 Operating Income $ 120,000 If the number of units sold increased by 10%, what would be K-Co's expected operating income be closest to? Select one: O a. $200,000 O b. $132,000 O c. $120,000 O d. $152,000

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