Hudson Co. reports the contribution margin income statement for 2019. HUDSON Co. Contribution Margin Income Statement For Year Ended December 31, 2019 Sales (11,600 units at $225 each) Variable costs (11,600 units at $180 each) Contribution margin Fixed costs Pretax income $2,610,000 2,088,000 522,000 315,000 207,000 The marketing manager believes that increasing advertising costs by $165,000 in 2020 will increase the company's sales volume to 13,000 units. Prepare a forecasted contribution margin income statement for 2020 assuming the company incurs the additional advertising costs. HUDSON CO. Forecasted Contribution Margin Income Statement For Year Ended December 31, 2020 Sales $ Variable costs Contribution margin Fixed costs Income (pretaxyLoss $ Should the company incur the additional advertising costs? 2,925,000 2,340,000 585,000 315,000 270,000 Yes