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[ The following information applies to the questions displayed below. ] Oslo Company prepared the following contribution format income statement based on a sales volume

[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 $ 90,000
Variable expenses 49,500
Contribution margin 40,500
Fixed expenses 33,210
Net operating income $ 7,290
7. If the variable cost per unit increases by $1, spending on advertising increases by $1,800, and unit sales increase by 260 units, what would be the net operating income? (Round "Per Unit" calculations to 2 decimal places.)

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