Income Statement FYE 6/30/2017 Sales (15,500 Units) Variable Costs CM Fixed Costs Net Income $ 1,007,500 890,000 117,500 107,000 $ 10,500 1. What are the per unit amounts of sales, variable costs, and CM? 2. What is the CM/Unit? 3. What is the CM ratio? 4. What would LAX Corp's net income be if it sold 17,000 units? 5. What would LAX Corp's net income be if it sold 14,000 units?