The Minccino Companys most recent contribution format income statements show sales volume of 20,000 units, total sales of 300,000; variable expenses of 180,000; and fixed expenses of 70,000.

The firm pursued a strategy that increased the unit selling price by 12% and increased the variable expenses by 0.60 per unit resulting in a decreased number of units sold by 10%. The NET OPERATING INCOME would amount to ___________.

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