Assume sales for 2020 decrease by 4%. Prepare a contribution margin income statement for 2020.

Hudson Co. reports the contribution margin income statement for 2019. HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (9,500 units at $225 each) $2, 137, 500 Variable costs (9,500 units at $180 each) 1, 710,000 Contribution margin 427,500 Fixed costs 342,000 Pretax income 35,500 ampute the company's decks mpany - pietux income! 3. Assume sales for 2020 decrease by 4%. Prepare a contribution margin income statement for 2020. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Assume sales for 2020 decrease by 4%. Prepare a contribution margin income statement for 2020. HUDSON CO. Forecasted Contribution Margin Income Statement For Year Ended December 31, 2020 Sales Variable costs Contribution margin 0 Fixed costs Income (pretax) $ 0