A customer has asked Clougherty Corporation to supply 4000units of product M97 w

A customer has asked Clougherty Corporation to supply 4000units of product M97 with some modifications for $40.10 each. Thenormal selling price of this product is $48.00 each. The normalunit product cost of product M97 is computed as follows.Direct Materials $18.50Direct Labor $1.20Variable manufacturing overhead $8.40Fixed manufacturing overhead $3.90Unit product cost $32.00Direct labor is a variable cost. The special order would have noeffect on the companys total fixed manufacturing overhead costs.The customer would like some modifications made to product M97 thatwould increase the variable costs by $5.70 per unit and that wouldrequire a one-time investment of $31000 in special molds thatwould have no salvage value. This special order would have noeffect on the companys other sales. The company has ample sparecapacity for producing the special order.Required:Determine the effect on the companys total net operating income ofaccepting the special order. must show work