Required information The Foundational 15 (Algo) [LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-7, LO5-8] [The following information applies to the questions displayed below] Osio Company prepared the following contribution format income statement based an a sales volume of too0 units ithe relevant range of production is 500 units to 1,500 units): Foundational 5-7 (Algo) 7. If the variable cost per unit increases by $1, spending on advertising increases by $1,100, and unit sales increase by 120 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.)