Miller Company's contribution format income statement for the most recent month is shown below: Sales (40,000 units) Variable expenses Total $ 280,000 160,000 Contribution margin 120,000 Fixed expenses 45,000 Net operating income $ 75,000 Required: Per Unit $ 7.00 4.00 $ 3.00 (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 12%? 2. What is the revised net operating income if the selling price decreases by $1.10 per unit and the number of units sold increases by 17%? 3. What is the revised net operating income if the selling price increases by $1.10 per unit, fixed expenses increase by $7,000, and the number of units sold decreases by 6%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 13%? 1. Net operating income $ 89,400 2. Net operating income 3. Net operating income 4. Net operating income $ 101,160