Titou Co.'s contribution format income statement for the most recent month is shown below: Total Per Unit Sales (42,000 units) $ 378,000 $ 9.00 Variable expenses 252,000 6.00 Contribution margin 126,000 $ 3.00 Fixed expenses 46,000 Net operating income $ 80,000 What would be the revised net operating income if the selling price increases by $1.20 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 5%? Do not include a dollar sign in your response.