Required:

Redo the company's contribution format income statement assuming that the company sells 5,200 units.

Net operating income is __________

Gonyo Inc., which produces and sells a single product, has provided the following contribution format income statement for December appears below:

Sales (5,000 units)	$	305,000
Variable expenses		150,000
Contribution margin		155,000
Fixed expenses		104,400
Net operating income	$	50,600