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Chapter 18 Homework, Part I Help Save & Exit Submit Check my work Part 2 of 2 Required information The following information applies to the questions displayed below.) Hudson Co. reports the contribution margin income statement for 2017 points HUDSON CO. Contribution Margin Income Statement For Year Ended December 31, 2017 Sales (11,100 units at $375 each) Variable costs (11,100 units at $300 each) Contribution margin Fixed costs Pretax income eBook $4,162,500 3,330,000 $ 832,500 660,000 $ 172,500 Hint Print References Assume the company is considering investing in a new machine that will increase its fixed costs by $38,000 per year and decrease its variable costs by $9 per unit. Prepare a forecasted contribution margin income statement for 2018 assuming the company purchases this machine. HUDSON CO. Forecasted Contribution Margin Income Statement For Year Ended December 31, 2018 Sales Variable rate Chapter 18 Homework, Part I A Saved Help Save & Exit Submit Check my work variable costs 1,100 units at 300 each) Contribution margin Fixed costs Pretax income 3,330,000 $ 832,500 660,000 $ 172,500 Part 2 of 2 Assume the company is considering investing in a new machine that will increase its fixed costs by $38,000 per year and decrease its variable costs by $9 per unit. Prepare a forecasted contribution margin income statement for 2018 assuming the company purchases this machine. points eBook Hint Print References HUDSON CO. Forecasted Contribution Margin Income Statement For Year Ended December 31, 2018 Sales Variable costs Contribution margin Fixed costs Income (pretax) Should the company purchase the machine