A company's contribution income statement as follows TREAT EACH PART INDEPENDENTLY Questions for Reginad Company Sales (20,000 units @ 60 per unit) $1.200.000 Less: Variable cost 20,000@ $45 900,000 Contribution margin 300,000 Less fixed cost 240.000 Net income 60,000 What is the profit if the sales volume decrease by 20 percent assume variable cost change in se pr 0 $0 0 $ 80.000 none of the above O $120,000 $20.000