Income statements for three companies are provided below: 
Required:
(a) Prepare new income statements for the firms assuming each sells one additional unit. (i.e. each firm sells 21 units)
(b) Briefly describe the effect of cost structure on profitability.
Definitions:
Right Of Appeal
The legal ability to request a higher court to review and change the decision of a lower court.
Administrative Law Judge
An official who presides over hearings and adjudicates claims and disputes involving administrative laws.
Government In Sunshine Act
A U.S. law aimed at ensuring that meetings of government agencies are conducted in public and records of such meetings are available to the public.
Non-Collegiate Body
An organization or group that functions outside the traditional college or university structure.
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