If sales decline to 900 units, what would be the net operating income? (Do not round intermediate calculations.)
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 $ 26,000
Variable expenses 14,000
Contribution margin 12,000
Fixed expenses 7,800
Net operating income $ 4,200