9 Part 7 of 15 1 points Book Print References Required information The Foundational 15 (Algo) (LO5-1, LO5-3, LOS-4, LO5-5, LO5-6, LO5-7, LO5-8] [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 $20,000 13,000 7,000 3,780 $3,220 Foundational 5-7 (Algo) 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,100, and unit sales increase by 120 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.) Net operating income Che