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Exercise 5-10 (Algo) Income reporting and break-even analysis LO P2 Sunn Company manufactures a single product that sells for $160 per unit and whose variable

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Exercise 5-10 (Algo) Income reporting and break-even analysis LO P2 Sunn Company manufactures a single product that sells for $160 per unit and whose variable costs are $120 per unit. The company's annual fixed costs are $596,000. (1) Prepare a contribution margin income statement at the break-even point. (2) If the company's fixed costs increase by $134,000, what amount of sales (in dollars) is needed to break even? Complete this question by entering your answers in the tabs below. Prepare a contribution margin income statement at the break-even point. Complete this question by entering your answers in the tabs below. If the company's fixed costs increase by $134,000, what amount of sales (in dollars) is needed to break even

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