Use the information below to answer the following question(s).Block Island TV currently sells large televisions for $360.It has costs of $280.A competitor is bringing a new large television to market that will sell for $300.Management believes it must lower the price to $300 to compete in the market for large televisions.Marketing believes that the new price will cause sales to increase by 10%, even with a new competitor in the market.Block Island TV sales are currently 100,000 televisions per year.
-What is the change in operating income if marketing is correct and only the sales price is changed?
A)$2,200,000
B)$600,000
C)$(2,200,000)
D)$(5,800,000)
E)$(1,900,000)

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The Answer of Use the information below to answer the following question(s).Block Island TV currently sells large televisions for $360.It has costs of $280.A competitor is bringing a new large television to market that will sell for $300.Management believes it must lower the price to $300 to compete in the market for large televisions.Marketing believes that the new price will cause sales to increase by 10%, even with a new competitor in the market.Block Island TV sales are currently 100,000 televisions per year.
-What is the change in operating income if marketing is correct and only the sales price is changed?
A)$2,200,000
B)$600,000
C)$(2,200,000)
D)$(5,800,000)
E)$(1,900,000)

Use the Information Below to Answer the Following Question(s)