Simpson Inc.$\text{'}$s most recent income statement is shown below:

Required:

Prepare a new income statement if the sales volume increases by $1,000$ units.

Prepare a new income statement if the sales volume decreases by $1,000$ units.Simpson Inc.$$s most recent income statement is shown below:

Total Per Unit

Sales $(15,000$ units$)$ $ $450,000$ $ $30\mathrm{.}00$

Less: Variable expenses $300,00020\mathrm{.}00$

Contribution margin $150,000$ $ $10\mathrm{.}00$

Less: Fixed expenses $125,000$

Net income $ $25,000$

Required:

$1.$ Prepare a new income statement if the sales volume increases by $1,000$ units.

$2.$ Prepare a new income statement if the sales volume decreases by $1,000$ units.

$3.$ Prepare a new income statement if the sales volume is $10,000$ units.