3 6 points Return to question Sunn Company manufactures a single product that sells for $104 per unit and whose variable costs are $127 per unit. The company's annual fixed costs are $622,000. The sales manager predicts that next year's annual sales of the company's product will be 39,200 units at a price of $192 per unit. Variable costs are predicted to increase to $132 per unit, but fixed costs will remain at $622,000. What amount of income can the company expect to earn under these predicted changes? Prepare a contribution margin income statement for the next year. Answer is complete but not entirely correct. SUNN COMPANY Contribution Margin Income Statement Units $ per unit Sales 39,200 $ 192 $7,526,400 Variable costs 39,200 132 5,174,400 Contribution margin 39,200 $ 132 2,352,000 Fixed costs (622,000) $2,974,000 Income