Victory Video Games reported the following for 2015: Unit sales 25,000 Unit sales price - $300 Variable cost per game - $80 Fixed costs - $350,000

1)Calculate the net operating income for 2015.

2)Victory is considering reducing the sales price by $25, which should result in an increase of 15% more sales. Calculate the net operating income under this proposal.

3)Was the reduction in sales price a good idea? Explain.

Note: I know this is a lot, but I'am DROWNING here. Will give a great rate and I seriously would appreciate it.