Wildhorse Orthotics Company distributes a specialized ankle support that sells for $30. The companys variable costs are $18 per unit; fixed costs total $360,000 each year.

Last year, Wildhorse sold 36,000 ankle supports. The companys 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