Help Henna Co. produces and sells two products, T andIt manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 53,000 units of each product Sales and costs for each product follow $ 863,988 Sales Variable costs Contribution margin Fixed costs Incone bef Income taxes (40% rate) Net incone 77,518 634,510 143,000 85,80e $ 85,800 1. Compute the break-even point in dollar sales for each product. (Enter CM ratio as percentage rounded to 2 dec imal places.) margin ratio Break Even Point in Break-even point in dollars Prev1 2 3 of 3 Next> Prtsc 5 7 8 9 2 Assume that the company expects sales of each product to decline to 36,000.units next year with no change i Prepare forecasted financial results for next year following the format of the contribution margin income statement columns for each of the two products (assume a 40% tax rate). Also, assume that any loss before taxes yields a 40 Round "per unit" answers to 2 decimal places. Enter losses and tax benefits, if any, as negative values.) Forecasted Contribution Margin Income Statement Product T Product C Units $ Per u Total$ Per unit s Contribution margin Net income (loss) Prey 2 3 of 3 Next > e to search 5 6 7 8 9 expects sales of each product to increase to 67000 units next year with no change in unit selling statement shown with Prepare forecasted financial results for next year following the format of the contribution margin income columns for each of the two products (assume a 40% tax rate) Round "per unit" answers to 2 decimal places) Forecasted Contribution Margin lncome Statement Product T Product O Total S Per Contrbutlon margin Net income (loss) Prev 3f3 Next 5 6 8 7