16. La Rochelle, Inc. needs a forecast (budget) income statement for December 2020. The company sells one product at a single price per unit. Instructions: a) Prepare a forecast Income Statement using the following format. Make up your own numbers. Tot Sales Revenue (10,000 57777 Variable Costa 5777 Contribution Margin Fixed Costs Net Income 57777 b) Calculate your Contribution Margin (CM) Ratio (round to 0.00 or 00.0%). c) Calculate your break-even point in Sales Units (round to the nearest unit) d) Calculate the required Sales Units to achieve a Target Profit. Make up your own Target Profit that is higher than your net income in part a) (round to the nearest unit). e) Calculate the Margin of Safety percentage (ratio) at your forecast Sales Revenue (round to nearest 00.0%)