Note : solve it by using computer not hand writing.

Chapter 5 EXERCISE 5-17 Using a Contribution Format Income Statement [LO1, LO4] Porter Company's most recent contribution format income statement is shown below: TotalPer Unit Variable expenses Contribution margin ..90,000 60,000 $2 50,000 = Required: Prepare a new contribution format income statement under each of the following conditions (con sider each case independently): I. "The number of units sold increases by 15% 2. The selling price decreases by 50 cents per unit, and the number of units sold increases by 20% The selling price increases by 50 cents per unit, fixed expenses increase by $10,000, and the number of units sold decreases by 5% Variable expenses increase by 20 cents per unit, the selling price increases by 12%, and the number of units sold decreases by 10%. 3. 4