PeeDee manufacturers created a new product, Product X. Product X sells for $400 per unit and variable costs to produce Product X are $150 per unit. Fixed costs total $10,000. (1) Calculate PeeDee's Contribution Margin per unit for Product X. (2) Calculate PeeDee's Contribution Margin Ratio. (3) If PeeDee produces and sells 1,000 units of Product X, what will PeeDee's income be? Show work for partial credit.