Henna Co. produces and sells two products, T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 56,000 units of each product Sales and costs for each product follow. Sales Variable costs Contribution margin Fixed costs Income before taxes Income taxes (35 rate) Net Income Product $929,600 650,720 278,880 132.00 146.000 51,100 $24.900 Producto $929.600 185,920 743,680 592.680 146,000 51.109 $ 94,900 2. Assume that the company expects sales of each product to decline to 39,000 units next year with no change in unit selling price, Prepare forecasted financial results for next year following the format of the contribution margin income statement as just shown with columns for each of the two products (assume a 35% tax rate); Also, assume that any loss before taxes yields a 35% tax benefit (Round "per unit" answers to 2 decimal places, Enter losses and tax benefits, any, as negative values.) Total HENNA CO. Forecasted Contribution Margin Income Statement Product T Producto Units 3 Per unit Total 5 Per unit Total 39,000 $ 39,000 0 39,000 os 0 0 Sales Variable cost Contribution margin Foxed costs Income (Loss) before taxes Income tax (x benefit Not income foss) 0