$1.$ Frieden$$s management is considering a major upgrade to the manufacturing equipment, which would result in fixed expenses increasing by $$465,000$ per month. However, variable expenses would decrease by $$15$ per unit. Selling price would not change. Prepare two contribution format income statements, one showing current operations and one showing how operations would appear if the upgrade is completed. Show an Amount column, a Per Unit column, and a Percentage column on each statement.