Party People, Inc. imports and sells animal shaped piatas. In planning for the coming year, the company's owner is evaluating several scenarios. For each scenario under consideration, prepare a contribution margin income statement showing the anticipated operating income. Consider each scenario independently. Last year's income statement is as follows: 3. Total $600,000 350,000 250,000 5.00 175,000 75,000 Per Unit $12.00 7.00 Sales Revenue Variable Expense Contribution Margin Fixed expenses Operating Income Required a. The sales price increases by 10% and sales volume decreases by 5% b. The sales price increases by 10% and variable cost per unit increase by 5% C. The sales price decreases by 10% and sales volume increases by 20% d. Fixed expenses increase by $20,000 e. The sales price increases by 10%, variable expense per unit increases by 10%, fixed expenses increase by $25,00 and sales volume decreases by 10%