Mya Corporations most recent income statement is shown below: (7.5 marks)

Total Per Unit

Sales $350,000 $34.00

Variable Expenses 250,000 20.00

Contribution Margin 100,000 16.00

Fixed Expenses 80,000

Net income $20,000

Prepare a new income statement under each of the following conditions.

1. The sales volume increases by 1,000 units (2.5 marks)
2. The sales volume decreases by 1,000 units. (2.5 marks)
3. The sales volume is 9,250 units. (2.5 marks)