Astro Co. sold 20,600 units of its only product and incurred a $55,028 loss (ignoring taxes) for the current year as shown here. During a planning session for year 2018's activities, the production manager notes that variable costs can be reduced 50% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual xed costs by $156,000. The maximum output capacity of the company is 40,000 units per year ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2017 Sales $734,860 Variable costs 627,838 Contribution margin 156,972 Fixed costs 212,000 Net 1055 $65,028) Problem 184A Part 5 5. Prepare a forecasted contribution margin income statement that shows the results at the sales level computed in part 4. Assume no income taxes will be due. (Do not round intermediate calculations. Round "per unit answers" to 2 decimal places.) Sales 38.10 $ 1,046 667 Variable costs 418 667 Contribution margin - 628,000 Fixed costs _ 368.000 Income before taxes 260.000