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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

[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 $ 55,000
Variable expenses 33,000
Contribution margin 22,000
Fixed expenses 14,960
Net operating income $ 7,040

6. If the selling price increases by $2 per unit and the sales volume decreases by 100 units, what would be the net operating income?

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