Wildhorse Farms reports the following results for the month of November: $ 661,500 462,000 Sales (10,500 units) Variable costs Contribution margin Fixed costs Net income 199,500 115,500 $ 84,000 Management is considering the following independent courses of action to increase net income, 1. Increase selling price by 5% with no change in total variable costs. 2. Reduce variable costs to 66%% of sales. 3. Reduce fixed costs by $ 10,000, Calculate net income for the above courses of action Course Net Income 1. Increase selling price $ 2. Reduce variable cost $ 3. Reduce fixed cost $ If maximizing net income is the objective, which is the best course of action? Best course of action is