Blanchard Company manufactures a single product that sells for $120 per unit and whose total variable costs are $90 per unit. The company's annual fixed costs are $432,000. (1) Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break-even point. (2) Assume the company's fixed costs increase by $129,000. What amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Required 1Required 2 Prepare a contribution margin income statement for Blanchard Company showing sales, variable costs, and fixed costs at the break-even point. BLANCHARD COMPANY Contribution Margin Income Statement (at Break-Even) Percentage of sales Amount Sales Variable costs Contribution margin Fixed costs Net income 0% 432,000 (432,000)