XYZ Company's single product has a selling price of $15 per unit. The fixed expenses were $110,000. This year the company reported a net operating income of $50,000. If sales are predicted to increase by 10% next year, how much would the increase in profits be in ($)? Select one: O a. 5,000 O b. 6,000 O c. No change in income O d. 16,000 O e. 7,273