Astro Company sold 28,000 units of its only product and reported income of $161,000 for the current year. During a planning session for next year's activities, the production manager notes that variable costs can be reduced 40% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $143,000. Total units sold and the selling price per unit will not change. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales ($56 per unit) $ 1, 568,000 Variable costs ($42 per unit) 1, 176,000 Contribution margin 392,000 Fixed costs 231, 000 Income $ 161,000 1. Compute the break-even point in dollar sales for next year assuming the machine is installed. (Round your answers to 2 decimal places.) Contribution Margin per unit Proposed Contribution Margin Ratio Numerator: Denominator: Contribution Margin Ratio Contribution margin ratio Break-even point in dollar sales with new machine: Numerator: Denominator: = Break-Even Point in Dollars Break-even point in dollars