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Required information Skip to question [ The following information applies to the questions displayed below. ] Oslo Company prepared the following contribution format income statement

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[The following information applies to the questions displayed below.]
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 $ 60,000
Variable expenses 39,000
Contribution margin 21,000
Fixed expenses 14,700
Net operating income $ 6,300
Required:
5. If sales decline to 900 units, what would be the net operating income?
Note: Round "Per Unit" calculations to 2 decimal places.

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