$1)$ Wheeler Corporation's most recent income statement follows

Total Per Unit

Sales $(8,000$ units$)....$

$$208,000$

$$26\mathrm{.}00$

Variable expenses $...........$

$144\mathrm{.}000$

$18\mathrm{.}00$

Contribution margin $...........$

$64,000$

$ $8\mathrm{.}00$

Fixed expenses..............

$56,000$

Net operating income $..........$

$

$8,000$

Prepare a new contribution format income statement under the following conditions: The is $7,000$ units.