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  3. the canyon fish farm raises catfish. during each y

The Canyon Fish Farm raises catfish. During each year the firm spends $6,000 in total...

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Accounting

The Canyon Fish Farm raises catfish. During each year the firm spends $6,000 in total to raise 10,000 catfish. At the end of the year, the catfish can be sold whole for $7.00 each. Alternatively, the firm can spend $0.80 per fish to convert the whole fish into fish fillets. The fillets from one fish sell for $9.40. What will be the dollar change in profit for all 10,000 fish if the fish are processed further?

$24,000 increase

$18,000 increase

$16,000 increase

$ 8,000 decrease

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