Sales (44, 000 units) Variable expenses Contribution margin Fixed expenses Net operating income Income statement for the most recent month is shown below: Total $ 440,000 308, 000 132,000 48,000 $ 84,000 Per Unit $ 10.00 7.00 $ 3.00 Required: (Consider each case independently): 1. What is the revised net operating income if unit sales increase by 16%? 2. What is the revised net operating income if the selling price decreases by $1.10 per unit and the number of units sold increases by 24%? 3. What is the revised net operating income if the selling price increases by $1.10 per unit, fixed expenses increase by $8,000, and the number of units sold decreases by 5%? 4. What is the revised net operating income if the selling price per unit increases by 20%, variable expenses increase by 20 cents per unit, and the number of units sold decreases by 14%? 1. Net operating income 2. Net operating income