Margaret Willis is the advertising manager for Bargain Shoe Store. She is currently working on a major promotion ideas include the installation of a new lighting system and increased display space that will add $ 21,800 in fixed costs to the $ 128.000 currently spent. In addition, Margaret is proposing that a 5% price decrease ($ 20 to $ 19) will produce a 20% increase in sales volume ( 20,000 to 24,000). Variable costs will remain at $ 12 per pair of shoes. Management is impressed with Margaret's ideas but concerned about the effects that these changes will have on the break-even point and the margin of safety, (a) Your answer is correct Prepare a CVP income statement for current operations and after Margaret's changes are introduced BARGAIN SHOE STORE CVP Income Statement Current New 400000 458000 Sales $ 240000 288000 Variable Expenses 160000 108000 Contribution Margin 128000 Fixed Expenses 49800 $ 32000 $ 18200 Net Income/ttos) Your answer is correct. Smpute the current break-even point in sales units, and compare it to the break-even point in sales units if Margaret's ideas are nplemented. (Round answers to 0 decimal places, e.g. 5,275.) 16000 pairs of shoes Current break-even point 21400 pairs of shoes New break-even point eTextbook and Media Attempts: 1 of 3 use :) Your answer is incorrect. Compute the margin of safety ratio for current operations and after Margaret's changes are introduced. (Round answers to o decimal places, e.g. 15%.) % Current margin of safety ratio % New margin of safety ratio Would you make the changes suggested