Miller Company's most recent income statement follows: Total Sales (20,000 units) $440,000 Per Unit $ 22 Less: Variable expenses 260,000 13 Contribution margin 180,000 $ 9 Less: Fixed expenses 58,000 Net income $122,000 Consider each of the following cases independently. Required: 1. Prepare a new income statement if the sales volume increases by 20%, and the selling price decreases by $4.00. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Sales CHOICES Total Per Unit CHOICES Add: Fixed expenses Add: Variable expenses Net income Net loss Less: Fixed expenses Less: Variable expenses CHOICES Contribution margin Contribution loss 2. Prepare a new income statement if the selling price decreases by $1.0 per unit, and the sales volume increases by 15%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Sales Total Per Unit 3. Prepare a new income statement if the selling price increases by $2.5 per unit, fixed expenses increase by $9,000 and the sales volume decreases by 5%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Sales Total Per Unit 4. Prepare a new income statement if the selling price increases by 5%, variable expenses increase by $0.15 per unit and the sales volume decreases by 25%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Sales Total Per Unit