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Required information The Foundational 15 (L06-1, L06-3, LO6-4, LO6-5, L06-6, LO6-7, LO6-8] The following information applies to the questions displayed below.) Oslo Company prepared the

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Required information The Foundational 15 (L06-1, L06-3, LO6-4, LO6-5, L06-6, LO6-7, LO6-8] 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 $ 90,000 49,500 40,500 33,210 $ 7,290 Foundational 6-4 4. If sales increase to 1,001 units, what would be the increase in net operating income? (Round your answer to 2 decimal places.) Incontin net operating Income $ 40.00

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