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Miller Company's most recent income statement follows: Total $320,000 160,000 Per Unit $ 20 10 Sales (16,000 units) Less: Variable expenses Contribution margin Less: Fixed expenses 160,000 $ 10 63,000 $ 97,000 Net income Consider each of the following cases independently. Requ ed: 1. Prepare a new income statement if the sales volume increases by 30%, and the selling price decreases by $3.00. (Do not roun intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales w hapter 8 Saved Help Save & 2. Prepare a new income statement if the selling price decreases by $2.5 per unit, and the sales volume increases by 10%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 3. Prepare a new income statement if the selling price increases by $1.0 per unit, fixed expenses increase by $7,000 and the sales volume decreases by 5%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales 4. Prepare a new income statement if the selling price increases by 5%, variable expenses increase by $0.25 per unit and the sales volume decreases by 25%. (Do not round intermediate calculations. Round "Per Unit" answers to 2 decimal places.) Total Per Unit Sales