Assume the following information: Sales Variable expenses Contribution margin Fixed expenses Net operating income Amount $ 300,000 120,000 180,000 60,000 $ 120,000 Per Unit $ 40 16 $ 24 If unit sales increase by 12%, then the best of estimate of the new net operating income is: (Do not round your intermediate calculations.)

Assume the following information: If unit sales increase by 12%, then the best of estimate of the new net operating income is: (Do not round your intermediate calculations.)