HW LO 31 33 EXERCISE 3-1 Preparing a Contribution Format Income Statement [L03-1] Whirly Corporation's most recent income statement is shown below: Total Per Unit Sales (10,000 units).. Variable expenses. Contribution margin.. $350,000 $35.00 200,000 20.00 150,000 $15.00 Fixed expenses. 135,000 Net operating income.. $ 15,000 Required: Prepare a new contribution format income statement under each of the following conditions (con- sider each case independently): 1. The sales volume increases by 100 units. 2. The sales volume decreases by 100 units. 3. The sales volume is 9,000 units.