Wildhorse Orthotics Company distributes a specialized ankle support that sells for $30. The company's variable costs are $18 per unit; fixed costs total $360,000 each year. (a1) Calculate contribution margin ratio. (Round ratio to 2 percentage places, e.g. 0.38=38%.) Contribution margin ratio % eTextbook and Media Attempts: 0 of 3 used (a2) If sales increase by $52,000 per year, by how much should operating income increase? (Use the rounded contribution margin ratio calculated in the previous part.) Change in operating income eTextbook and Media Attempts: 0 of 3 used (b) Last year, Wildhorse sold 36,000 ankle supports. The company's marketing manager is convinced that a 10% reduction in the sales price, combined with a $90,000 increase in advertising, will result in a 38% increase in sales volume over last year. Compute the projected income. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).) Projected income $ Should Wildhorse implement the price reduction? Wildhors implement the price reduction because the estimated operating income is than the curre