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Conklan Company manufactures outdoor fireplaces. For the first 9 months of 2020, the company reported...

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Conklan Company manufactures outdoor fireplaces. For the first 9 months of 2020, the company reported the following operating results while operating at 80% of plant capacity: Sales (79,500 units) Cost of goods sold Gross profit Operating expenses Net income $7,155,000 5,167,500 1,987,500 795,000 $1,192,500 Cost of goods sold was 80% variable and 20% fixed; operating expenses were 70% variable and 30% fixed. In October, Conklan Company receives a special order for 4,000 fireplaces at $63 each from Langston's Landscape Company. Acceptance of the order would result in an additional $7,100 of shipping costs but no increase in fixed operating expenses. (a) Prepare an incremental analysis for the special order. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) Reject order Accept order Net Income Increase (Decrease) Revenues $ $ $ Costs Cost of Goods Sold Operating Expenses Shipping Expenses Net Income $ $ Click if you would like to Show Work for this question: Open Show Work

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