Escareno Corporation has provided its contribution format income statement for June. The company produces and sells a single product.Within the relevant range, if the company sells 3,000, its net operating income/loss should be:

Please use the negative- sign for loss in your final answer. For e.g. if the loss is 4,000 then enter -4000.

	For 10,000 units	Per unit
Sales (10,000 units)	$500,000	50
Variable expenses	200,000	20
Contribution margin	300,000
Fixed expenses	250,000
Net operating income	$ 50,000

Answer: