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Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units):

Sales$65,000

Variable expenses45,500

Contribution margin19,500

Fixed expenses14,040

Net operating income$5,460

If the selling price increases by $2 per unit and the sales volume decreased by 100 units, what would be the net operating income?

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