CVP analysis; break-even: Zintendo, Inc., produces and sells a single product, the Zintendo Stitch gaming console. The firms Contribution Margin Income Statement for the year follows. Assume the firms sales volume for the year ended 12/31/2020 was 120,000 units. Zintendo, Inc. Contribution Margin Income Statement For the year ended 12/31/2020 Sales $24,000,000 Variable costs $11,400,000 Contribution Margin $12,600,000 Fixed Costs $5,391,000 Income $7,209,000 Part A: 1) Calculate the firms Contribution Margin (CM) per unit. 2) Calculate the number of gaming consoles the firm will need to sell in order to break even (i.e. calculate the break-even point in units). Round your answer up to the nearest whole unit. 3) Assume the company's target profit for the upcoming year is $8,000,000. Determine the unit sales needed to attain this target profit. Round your answer up to the nearest whole unit. Part B: Prepare contribution margin income statements for each of the three separate cases below. The current sales volume for the year ended 12/31/2020 is 120,000 gaming consoles. 1) What if #1? Suppose the number of units produced and sold increases to 125,000 units and fixed costs increase by $150,000 (assume all other variables stay the same). 2) What if #2? Return to the original data. Suppose instead the unit selling price increases by 10% and the number of units produced and sold (i.e. sales volume) decreases by 20% (assume all other variables stay the same). 3) What if #3? Return to the original data. Suppose instead that fixed costs decrease by $75,000, variable costs per unit increase by $4 per unit, and units produced and sold increases by 6,000 units to 126,000 gaming consoles (assume all other variables stay the same).