A Company Has Provided the Following Data If the Dollar Contribution Margin Per Unit Is Increased by l

A company has provided the following data: $$\begin{array} { | l | l | } \hline \text { Sales } & 3,000 \text { units } \\\hline \text { Sales price } & \$ 70 \text { per unit } \\\hline \text { Variable cost } & \$ 50 \text { per unit } \\\hline \text { Fixed cost } & \$ 25,000 \\\hline\end{array}$$ If the dollar contribution margin per unit is increased by 10%, total fixed cost is decreased by 20%, and all other factors remain the same, net income will:

A) increase by $3,500.
B) increase by $11,000.
C) increase by $20,000.
D) increase by $61,000.

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