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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 of 1,000

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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 of 1,000 units (the relevant range of production is 500 units to 1,500 units): $50,000 27,500 22,500 14,850 Sales Variable expenses Contribution margin Fixed expenses Net operating income 7,650 If sales decline to 900 units, what would be the net operating income? Het operating income

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