C. Marx and Company, a manulacturer of qualiy handmade walnut bowls, has had a steady growth in sales for the past 5 years. However, increased competition has led Mr. Marx. 1e president, to believe that an aggressive marketing campaign will be necessary next year to maintain the compary's present growth. To prepare for next year's marketing campaign, ne company's controller has prepared and presented Mr. Marx with the following data for the current year, 2020: Requirements 1. What is the proyected net income for 2020 ? 2. What is the breakeven point in units for 2020 ? 3. Mr. Marx has set the revenue target for 2021 at a level of $792,000 (or 24,000 bowis). He beleves an additional marketing cost of $29,700 for advertising in 2021, with all other cosis remaining constant, will be necessary to attain the revenue target. What is the net income for 2021 if the additional $20,700 is spent and the revente targot is met? 4. What is the breakeven point in revenues for 2021 if the additional $29,700 is spent for advertising? 5. If the additional $29,700 is spent. what are the required 2021 revenues for 2021 net income to equal 2020 net income? 6. At a sales level of 24,000 units, what maximum amount can be spent on advertising if a 2021 net income of $90,030 is desired? Data table