5 Panther Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range. ed ut of Sales (2,000 units) $120,000 Variable expenses n Contribution margin 72,000 48,000 33,600 Fixed expenses Net operating Income $14,400 Required: a. If sales decline to 1,700 units, what would be the estimated net operating income? b. If the selling price increases by $4 per unit and the sales volume decreases by 200 units, what would be the estimated net operating income? What is the break-even point in dollar sales? lil c? III P B 1