3 The income statement for Kuma Company for 2019 appears below. KUMA COMPANY Income Statement Sales revenue (40,000 units). Variable expenses... Contribution margin Fixed expenses Net income (loss)... Required: For the Year Ended 31 December, 2019 $1,000,000 700,000 300,000 345,000 $ (45,000) Answer the following independent questions and show computations using the contribution margin technique to support your answers: (a) What was the company's break-even point in sales dollars in 2019? (b) How many additional units would the company have to sell in 2020 when compare to 2019, in order to earn net income of $45,000? (c) The company will be abled to reduce variable costs by $4.50 per unit in 2020 and other costs and unit revenues remain unchanged, how many units will the company have to sell in order to earn a net income of $45,000? (Total 9 marks)