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Laila company reports the following data: Total Per unit Sales $300,000 20 Variable expenses 180,000 12 Contribution margin 120,000 Fixed expenses 100,000 Net operating income
Laila company reports the following data:
| Total | Per unit | |
| Sales | $300,000 | 20 |
| Variable expenses | 180,000 | 12 |
| Contribution margin | 120,000 | |
| Fixed expenses | 100,000 | |
| Net operating income | $20,000 |
What is the amount of increase in net income if sales volume increases by 20%?
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