Broadening Your Perspective 20-1 (Part Level Submission) E-2 Seats manufactures swivel seats for customized vans. It currently manufactures 12,000 seats per year, which it sells for 500 per seat. It incurs variable costs of $220 per seat and fixed costs of s2,400,000. It is considering automating the upholstery process, which is now largely manual. It estimates that if it does so, its fixed costs will be $3,600,000, and its variable costs will decline to s100 per seat. with the class divided into groups, answer the following questions. Prepare a CVp income statement based an current activity. E-Z Suats CVP Income Stateinent