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 5%. What will be the net change in operating income?

   Revenue	$600,000
   Variable Cost	410,000
   Contribution Margin	190,000
   Fixed Cost	175,000
   Operating Income	15,000

   		5% increase
   		300% increase
   		No change
   		63% increase