Hudson Company reports the following contribution margin income statement. HUDSON COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales (9,600 units at $225 each) $ 2,160,000 Variable costs (9,600 units at $180 each) 1,728,000 Contribution margin 432,000 Fixed costs 324,000 Income $ 108,000.

The company is considering buying a new machine that will increase its fixed costs by $40,500 per year and decrease its variable costs by $9 per unit. Prepare a contribution margin income statement for the next year assuming the company purchases this machine.

\\begin{tabular}{|l|c|} \\hline \\multicolumn{2}{|c|}{ HUDSON COMPANY } \\\\ \\hline \\multicolumn{2}{|c|}{ Fontribution Margin Income Statement } \\\\ \\hline \\multicolumn{2}{|c|}{ For Year Ended December 31} \\\\ \\hline Sales & \\\\ \\hline Variable costs & \\\\ \\hline Contribution margin & \\\\ \\hline Fixed costs & \\( \\$ \\) \\\\ \\hline Income/Loss & 0 \\\\ \\hline \\end{tabular}