! Required information [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 Variable expenses Contribution margin Fixed expenses Net operating income $ 15,000 9,000 6,000 3,120 $ 2,880 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,050, and unit sales increase by 110 units, what would be the net operating income? Net operating income $110,830