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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 $ 23,600

Variable expenses 13,200

Contribution margin 10,400

Fixed expenses 7,592

Net operating income $ 2,808

Required: If the selling price increases by $2.20 per unit and the sales volume decreases by 100 units, what would be the net operating income? (Do not round intermediate calculations.)

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