Sheridan Markets imports and sells small bear-shaped pinatas. In planning for the coming year, the company's owner is evaluating several scenarios. For each scenario under consideration, prepare a contribution margin income statement showing the anticipated operating income. Consider each scenario is applied independently to the original data. Last year's income statement is as follows: Total Per Unit Sales revenue $936,000 $24.00 Variable expenses 390,000 10.00 Contribution margin 546,000 $14.00 Fixed expenses 175,000 Operating income $371,000Your answer is partially correct. The sales price increases by 10% and sales volume decreases by 6%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Sheridan Markets Income Statement Total Per Unit Sales 33,840 6A 24 Variable expenses $10.00 $14,100 Contribution margin $19,740 Fixed expenses -$175,000 i Operating income $526,260The sales price increases by 8% and variable cost per unit increases by 6%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Sheridan Markets Income Statement Total Per Unit Sales $ Variable expenses Contribution margin Fixed expenses Operating incomeThe sales price decreases by 5% and sales volume increases by 15%. (Round per unit answers to 2 decimal places, e.g. 0.38.) Sheridan Markets Income Statement Total Per Unit Sales $ Variable expenses Contribution margin Fixed expenses Operating income $Fixed expenses increase by $40,000. (Round per unit answers to 2 decimal places, e.g. 0.38.) Sheridan Markets Income Statement Total Per Unit Sales Variable expenses Contribution margin Fixed expenses Operating incomeThe sales price increases by 12%, variable cost per unit increases by 15%, xed expenses increase by $30,000, and sales we decreases by 15%. 1' Round per unit answers to 2 decimal places, e3. 0.38.} Sheridan Markets Income Statement Total Per Unit Sales 3: $ Variable expenses Contribution margin $ Fixed expenses Operating income 3