7 Exercise 18-13 Forecasted income statement LO C2 03:49:29 Blanchard Company manufactures a single product that sells for $266 per unit and whose total variable costs are $200 per unit. The company's annual fixed costs are $635,000. The sales manager predicts that annual sales of the company's product will soon reach 40,500 units and its price will increase to $295 per unit. According to the production manager, variable costs are expected to increase to $209 per unit but fixed costs will remain at $635,000. The income tax rate is 20%. What amounts of pretax and after-tax income can the company expect to earn from these predicted changes? Prepare a forecasted contribution margin income statement BLANCHARD COMPANY Forecasted Contribution Margin Income Statement Units S per unit Hint Contribution margin