Sales (38,000 units) Variable expenses Contribution margin Fixed expenses Total $ 304,000 190,000 114,000 45,000 Net operating income $ 69,000 Required: Per Unit $ 8.00 5.00 $ 3.00 (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 16% ? 2. What is the revised net operating income if the selling price decreases by $1.30 per unit and the number of units sold increases by 24%? 3. What is the revised net operating income if the selling price increases by $1.30 per unit, fixed expenses increase by $5,000, and th number of units sold decreases by 7%? 4. What is the revised net operating income if the selling price per unit increases by 10%, variable expenses increase by 40 cents per unit, and the number of units sold decreases by 8% ? Answer is complete but not entirely correct. 1. Net operating income S 87,2400 2. Net operating income $ 35,104( 3. Net operating income $ 101.9620 4. Net operating income $ 66,872