Current Attempt in Progress Sandhill Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 50 cents per 16 -ounce bottle to retailers, who charge customers 75 cents per bottle. For the year 2022, management estimates the following revenues and costs. (a) Prepare a CVP income statement for 2022 based on management's estimates. SANDHILL COMPANY CVP Income Statement (Estimated) For the Year Ending December 31, 2022 Sales $41900000 Variable Expenses Cost of Goods Sold $ 1170000 Selling Expenses \begin{tabular}{|l|l|} \hline 132000 & i \\ \hline & \\ \hline & \\ \hline \end{tabular} Administrative Expenses Total Variable Expenses Contribution Margin 570000 Fixed Expenses Cost of Goods Sold Selling Expenses Administrative Expenses 94500 Calculate variable cost per bottle, (Round variable cost per bottle to 2 decimal places, es. 0.25.) Compute the break-even point in (1) units and (2) dollars. (Round answers to 0 decimal places, eg 1,225.) (1) Compute the break-even point units (2) Compute the break-even point eTextbook and Media Attempts: 1 of 3 used (c) Compute the contribution margin ratio and the margin of safety ratio. (Round variable cost per bottlie to 2 decimal places, es 0.25 and final answers to 0 decimal places, es. 25\%) Contribution margin ratio X Margin of safety ratio \%