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Exercise 5-1 Preparing a Contribution Format Income Statement [LO5-1 Whirly Corporation's most recent income statement is shown below: Total P Unit 283,800 $33.00 Sales (8,600 units) 172,000 20.00 Variable expenses 111,800 $13.00 Contribution margin 55,800 Fixed expenses 56,000 Net operating income Required Prepare a new contribution format income statement under each of the following conditions (consider each case independently): 1. The sales volume increases by 60 units. Whirly Corporation Contribution Income Statement Total Per Unit 0 MacBook