2) Crookshank Manufacturing has total fixed costs of $460,000. A unit of product sells for $20 and variable costs per unit are $11. Prepare a contribution margin income statement showing predicted income (loss) if Crookshank sells 100,000 units for the year ended December 31. Crookshank Manufacturing Contribution Margin Income Statement For Year Ended December 31 Sales (100,000 * $20) Variable costs (100,000 x $11) Contribution margin Fixed costs Income $ 2,000,000 1,100,000 900,000 460,000 $ 440,000