Analyze the following statement by first putting it in CVP format and then flexing it to $1200$ actual units.

$($Note: I really like this Quick Study. This is a great example of the skill I$\text{'}$d like to see you have from this chapter.$)$

$\backslash$table$[[$Sales $,$units$),,85,000],[$Cost of Sales,,,$],[,$Direct Material,$9,000,],[,$Direct Labor,$28,000,],[,$Fixed Overhead,$17,500,54,500],[$Gross Profit,,,$30,500],[$Operating Ex$,$xpenses,,$],[,$Fixed,$16,000,],[,$Variable,$2,000,18,000],[$Net Income,,,$12,500]]$