answer both parts to receive full credit on this practice problem.

part 1.

part 2.

Exercise 5.10 (Algo) Income reporting and break-even analysis LO P2 Sunn Company manufactures a single product that sells for $136 per unit and whose varlable costs are $102 per unlt. The company annual fixed costs are $496,400. (1) Prepare a contributton margin income statement at the break-even point. (2) If the company's fixed costs increase by $131,000, what amount of sales (in dollars) Is needed to break even? Complete this question by entering vour answers in the tabs below. Prepare a contribution margin income statement at the breakeven point. Exercise 5.10 (Algo) Income reporting and break-even analysis LO P2 Sunn Company manufactures a single product that selis for $136 per unit and whose varlable costs are $102 per unit. The company annual fixed costs are $496,400. (1) Prepare a contribution margin income statement at the breakeven point. (2) If the company's fixed costs increase by $131,000, what amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. If the company's fixed costs increase by $131,000, what amount of sales (in dollars) is needed to break even