Remaining Question Completion Status: Question 13 of 21 Save Answer Moving to the next question prevents changes to this answer. 5 points Question 13 The following is Addison Corporation's contribution format income statements for last month. The company has no beginning or ending inventories. A total of 10,000 units were produced and sold last month. The following is last month's contribution format income statement: Sales (10,000 units). $ 1,200,000 Variable expenses 800,000 Contribution margin 400,000 Fixed expenses 240,000 Net operating income........ $ 160,000 Assuming a 10% increase in sales, what would be the new Net Operating Income? A) $40,000 B) $200,000 C) $360,000 D) $176,000