Exercise 3-1 Preparing a Contribution Format Income Statement (LO3-1) Whirly Corporation's most recent income statement is shown below. $ Sales (10,000 units) Variable expenses Contribution margin Fixed expenses Net operating income Total 350.000 200.000 150,000 135,000 15,000 Per Unit $ 35.00 20.00 $ 15.00 $ Required: Prepare a new contribution format income statement under each of the following conditions consider each case independently): 1. The sales volume increases by 100 units. Whirly Corporation Contribution Income Statement Total Per Unit 2. The sales volume decreases by 100 units. Whirly Corporation Contribution Income Statement Total Per Unit 3. The sales volume is 9,000 units. Whirly Corporation Contribution Income Statement Total Per Unit