2. If Biblio Files Company wants to increase its profit by $20,000 in the coming year, what must their amount of sales be? Cover-to-Cover Company Contribution Margin Income Statement For the Year Ended December 31, 2016 1 Sales $424,000.00 2 Variable costs: 3 Manufacturing $233,200.00 4 Selling 21,200.00 5 Administrative 63,600.00 318,000.00 6 Contribution margin 106,000.00 7 Fixed Costs: 8 Manufacturing $5,000.00 9 Selling 4,000.00 10 Administrative 33,400.00 42,400.00 11 Income from operations $63,600.00 Biblio Files Company Contribution Margin Income Statement For the Year Ended December 31, 2016 1 Sales $424,000.00 2 Variable costs: 3 Manufacturing $169,600.00 4 Selling 16,960.00 5 Administrative 67,840.00 254,400.00 6 Contribution margin 169,600.00 7 Fixed Costs: 8 Manufacturing $88,000.00 9 Selling 8,000.00 10 Administrative 10,000.00 106,000.00 11 Income from operations $63,600.00