Oriole Company had sales in 2021 of $1,650,000 on 60,000 units. Variable costs totaled $990,000, and fixed costs totaled $550,000 A new raw material is available that will decrease the unit variable costs by 20% (or $3.30 ). However, to process the new raw material, fixed operating costs will increase by $110,000. Management feels that one half of the decline in the unit variable costs should be passed on to customers in the form of asales price reduction. The marketing department expects that this sales price reduction will result in 5% increase in the number of units sold. (a) Prepare a projected CVP income statement for 2022, assuming the changes have not been made. (Round per unit cost to 2 decimal places, eg. 5.25 and all other answers to 0 decimal places, eg. 1,225)