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Miller Company’s contribution format income statement for themost recent month is shown below:TotalPer UnitSales (42,000 units)$294,000$7.00Variable expenses168,0004.00Contribution margin126,000$3.00Fixed expenses40,000Net operating income$86,000Required:(Consider each case independently):1. What is the revised net operating income if unit salesincrease by 14%?2. What is the revised net operating income if the selling pricedecreases by $1.20 per unit and the number of units sold increasesby 20%?3. What is the revised net operating income if the selling priceincreases by $1.20 per unit, fixed expenses increase by $7,000, andthe number of units sold decreases by 7%?4. What is the revised net operating income if the selling priceper unit increases by 20%, variable expenses increase by 20 centsper unit, and the number of units sold decreases by 9%?