CH Required information The following information applies to the questions displayed below) Oslo Company prepared the following contribution format income statement based on a sales volume of 1000 units the relevant range of production is 500 units to 1.500 units) Sales Variable expenses Contribution margin Fixed expenses Operating income $ 20,000 12.000 8,000 6,000 $ 2,000 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 operating income? Operating income