Astro Company sold $24,000$ units of its only product and reported income of $$174,800$ for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced $42\%$ by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $$158,000.$ Total units sold and the selling price per unit will not change.

$\backslash$table$[[\backslash$table$[[$ASTRO COMPA$],[$Contribution Margin In$],[$For Year Ended Dece$]],\backslash$table$[[$ement$]]],[$Sales $($$$58$ per unit$),$$$1,392,000$