EXERCISE S-13 Using a Contribution Format Income Statement [LOS-1, LO Miller Company's most recent contribution format income statement is shown below: Total Per Unit $300,000 $15.00 Variable expenses . . . Contribution margin .. . . Fixed expenses. 80,000 9.00 120,000 6.00 70,000 $ 50,000 Required: Prepare a new contribution format income statement under each of the following conditions (consider each case independently): I. The number of units sold increases by 15% 2. The selling price decreases by $1.50 per unit, and the number of units sold increases by 25%. 3. The selling price increases by $1.50 per unit, fixed expenses increase by $20,000, and the number of units sold decreases by 5%. The selling price increases by 12%, variable expenses increase by 60 cents per unit, and the number of units sold decreases by 10% 4