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TB MC Qu. 5-134 (Static) Lister Corporation has provided the following contribution format... Lister Corporation has provided the following contribution format income statement. Assume that

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TB MC Qu. 5-134 (Static) Lister Corporation has provided the following contribution format... Lister Corporation has provided the following contribution format income statement. Assume that the following information is within the relevant range. Sales (3,000 units) $ 90,000 Variable expenses 58,500 Contribution margin 31,500 Fixed expenses 21,000 Net operating income $ 10,500 If sales decline to 2,900 units, the net operating income would be closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice $1.050

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