a. $29,000

b. $1,000

c. $8,700

d. $8,000

Nocum Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range 2 Sales (3,000 units) Variable expenses Contribution margin Fixed expenses Net operating income $120,000 90,000 38,000 21,000 $ 9,000 sales decline to 2000 units, the net operating income would be closest to