2- The following is contribution format income statement for T. Phone Ltd. for September month: T. Phone Ltd Contribution Income Statement For the Month of September Sales (500 Phones) Less: Variable expenses Contribution margin Less: Fixed expenses Net operating income Total $250,000 150,000 100,000 80,000 $20,000 What is the profit impact if T. Phone Ltd.: (1) cuts its selling price $20 per unit,(12) increases its advertising budget by $15,000 per month, and (3) increases sales from 500 to 650 units per month