11 Required Information The following information applies to the questions displayed below) Hudson Co. reports the contribution margin income statement for 2019, Part 5 of 5 3 points HUDSON Co. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,300 units at $175 cach) Variable costs (11,300 units at $140 each) Contribution margin Fixed costs Pretax income $1,977,500 1,582,000 395,500 315,000 80,500 -Book Hint Print The marketing manager believes that increasing advertising costs by $74,000 in 2020 will increase the company's sales volume to 12.700 units. Prepare a forecasted contribution margin income statement for 2020 assuming the company incurs the additional advertising costs HUDSON CO Forecasted Contribution Margin Income Statement For Year Ended December 31, 2020 Sales Variable costs Contribution margin Fixed costs Income (pretaxLoss Should the company incur the additional advertising costs? Mc Graw HII MacBook Air