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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	$ 105,000
Variable expenses	73,500
Contribution margin	31,500
Fixed expenses	27,720
Net operating income	$ 3,780

7. If the variable cost per unit increases by $1, spending on advertising increases by $1,950, and unit sales increase by 290 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.)