Hudson Co. reports the contribution margin income statement for 2019.

HUDSON CO.
Contribution Margin Income Statement
For Year Ended December 31, 2019
Sales (11,000 units at $300 each)	$	3,300,000
Variable costs (11,000 units at $240 each)		2,640,000
Contribution margin		660,000
Fixed costs		360,000
Pretax income	$	300,000

The marketing manager believes that increasing advertising costs by $125,000 in 2020 will increase the companys sales volume to 12,400 units. Prepare a forecasted contribution margin income statement for 2020 assuming the company incurs the additional advertising costs.