Hip-Hop Company manufactures and markets several products. Management is considering the future of one product, electronic keyboards, that has not been as profitable as planned. Next year's plans call for a $350 selling price per unit. The fixed costs for the year are expected to be $42,000, variable costs are $210 per unit.

(a). Estimate the keyboards' break-even point in terms of sales units and sales dollars.

(b). Prepare a contribution margin income statement showing sales, variable costs, and fixed costs for keyboards at the break-even point.