How would I find the CVP Income Statement and what formulas to use?

Booth Company had sales in 2020 of $1,770,000 on 70,800 units. Variable costs totaled $1,062,000 and xed costs totaled $485,000. A new raw material is available that will decrease the variable costs per unit by 20% (or $3.00). However, to process the new raw material, xed operating costs will increase by $136,000. Management feels that two-thirds of the decline in the variable costs per unit should be passed on to customers in the form of a sales price reduction. The marketing department expects that this sales price reduction will result in a 4% increase in the number of units sold. (a1) Your answer is partially correct. Prepare a projected CVP income statement for 2020 assuming the changes have not been made. Booth Company CVP Income Statement For the Year Ended December 31, 2020 3 Variable Costs 6 883584 [ Less 9] i [ Fixed Costs #1 621000 Net Income/(Loss) c $ 188952