LAs Sports Equipment began business in 2019, and its sales in 2019 were 4,800 units of sports equipment. The selling price per unit was $300. Variable cost per unit of sports equipment was $186. Annual fixed costs were $446,400.

1. Please use the format of a contribution margin income statement to calculate the contribution margin (in dollars), unit contribution, and contribution margin ratio for LAs Sports Equipment. Total Per Unit Percentage Sales (xxx units), Less: Variable costs, Contribution margin, Less: Fixed costs Net income

2. What will be the break-even point in units and in dollars if we assume that LAs Sports Equipment sells one type of sports equipment only?

3. How many units must the company sell to earn a pre-tax income of $500,028?

4. If the companys tax rate is 28 percent, how many units of sports equipment must be sold to earn an after-tax profit of $700,200?

5. What is the companys margin of safety based on the sales of 4,800 units of sports equipment?

6. Assume that there is no change in fixed costs. What will be the expected net income if this company has the sales revenue of $2,010,000?