1. Below is the contribution margin income statement for a company's first year of operation. Next year, they anticipate sales volume to increase by 8%. What will be the net change in operating income?

   Revenue	$750,000
   Variable Cost	512,500
   Contribution Margin	237,500
   Fixed Cost	150,000
   Operating Income	87,500

   		8% increase
   		169% increase
   		22% increase
   		No change