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4715 Total points awarded Hels Hels Required information The Foundational 15 (LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LOS-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 income s 20,e08 12,eee 8,880 6,800 s 2,eee Foundational 5-7 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,500, and unit sales increase by 250 units, what would be the net operating income? 4,500 g income