From the income statement, it can be deduced that the net profit of Alpine house will be $8000.
<h3>How to calculate new profit</h3>
From the complete information, the net profit will be calculated thus:
Total sales revenue = $150000
Less: Cost of sales = $90000
Gross profit = $60000
Less: Variable selling expense = $10000
Less: Variable administrative expenses = $2000
Less: Total fixed selling expense = $20000
Less: Total fixed adminstrative expense = $20000
Net profit = $8000
In conclusion, the net profit is $8000.
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