More-power company has projected sales of 75,000 regular sanders and 30,000 mini-sanders for the next year.The projected income statement is as follows: Regular sanders mini-sanders Total Sales 3,000,000 1,800,000 4,800,000 Less:variable 1,800,000 900,000 2,700,000 expenses Contribution margin 1,200,000 900,000 2,100,000 Less:direct fixed 250,000 450,000 700,000 Product margin 950,000 450,000 1,400,000 Less:common fixed 600,000 expenses operating income 800,000 expenses 1.set up the given income statement on a spreadsheet.Then,substitute the following sales mixes, and calculate operating income. Regular sanders mini-sander a.75,000 37,500 b.60,000 60,000 c.30,000 90,000 d.30,000 60,000 2.Calculate the break-even units for each product for each of the preceding sales mixes