3 Macondo Company produces only one product. The projected income statement for fiscal year 2021 is as follows: Sales (50,000 units @ $45) Less: variable Expenses Contribution margin Less: Fixed Costs Operating Income $ 2,450,000 (1.505.000) $945,000 (812,700) $132,300 a)Calculate the contribution margin, calculate the units that must be sold to reach break-even. Suppose 30,000 units are sold above break-even, what would be the profit. b. Compute the contribution margin ratio and the break- even point in dollars. c. How many units must be sold to obtain a profit equivalent (target income) to 10% of sales? How much would the dollar amount be? Show formulas for all exercises