Please do both questions. Thank you!

1. McConkey Corporation produces and sells a single product. The company's contribution format income statement for July appears below: Sales (5,500 units) $357,500 Variable expenses 236,500 Contribution margin 121,000 Fixed expenses 102,200 Net operating income $ 18,800 Required: Redo the company's contribution format income statement assuming that the company sells 5,800 units. 2. Certosimo Corporation has provided the following contribution format income statement. All questions concern situations that are within the relevant range. Sales (7,000 units) $350,000 Variable expenses 245,000 Contribution margin 105,000 Fixed expenses 97,500 Net operating income $ 7,500 Required: a. If sales increase to 7,040 units, what would be the estimated increase in net operating income? b. If sales decline to 6,900 units, what would be the estimated net operating income