Lucent Manufacturing Company makes a product that it sells for $60 per unit. The company incurs variable manufacturing costs of $14 per unit. Variable selling expenses are $16 per unit, annual fixed manufacturing costs are $186,000, and fixed selling and administrative costs are $224,700 per year. Required Determine the break-even point in units and dollars using each of the following approaches: a. Equation method. b. Contribution margin per unit. c. Prepare a contribution margin income statement for the break-even sales volume.