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Crane Monograms sells stadium blankets that have been monogrammed with high school and university emblems....

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Crane Monograms sells stadium blankets that have been monogrammed with high school and university emblems. The blankets retail for $100 throughout the country to loyal alumni of over 1,000 schools. Crane's variable costs are 40% of sales; fixed costs are $118,000 per month. (a1) (b) Crane currently sells 142,000 blankets per year. If sales volume were to increase by 15%, by how much would operating income increase? (Round answer to 0 decimal places, e.g. 5,275.) Operating income

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