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Required information The Foundational 15 (LO6-1, LO6-3, L06-4, LO6-5, LO6-6, 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 (LO6-1, LO6-3, L06-4, LO6-5, LO6-6, 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 $ 25,000 12,500 7,500 4,200 $3,300 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.) Increase in net be income

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