Miller Company's most recent income statement follows: Sales (16,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses Net Income Total $320,000 160,000 160,000 63,000 $ 97,000 Per Unit $ 20 10 5.10 Consider each of the following cases independently Required: 1. Prepare a new income statement if the sales volume increases by 30%, and the selling price decreases by $3.00. (Do not round intermediate calculations, Round "Per Unit" answers to 2 decimal places.) Total Per Unit Salos 2. Prepare a new income statement if the selling price decreases by $2.5 per unit, and the sales volume increases by 10% (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 3. Prepare a new income statement if the selling price increases by $10 per unit, fixed expenses increase by $7.000 and the sales volume decreases by 5% (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 4. Prepare a new income statement of the selling price increases by 5%, variable expenses increase by $0.25 per unit and the sales volume decreases by 25%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales