15 419 Required Information The Foundational 15 (Algo) (LO6-1, LO6-3, LO6-4, LO6-5, LO6-6, LO6-7, LO6-8) (The following information applies to the questions displayed below) Oslo Company prepared the following contribution format Income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units): Sales Variable expenses Contribution margin Fixed expenses Net operating Incone $50,000 27,500 22,500 14,950 $ 7,650 Foundational 6-6 (Algo) 6. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating Income? (Round "Per Unit" calculations to 2 decimal places.) Answer is complete but not entirely correct. Net operating income $ 9,900