Pharoah Company had sales in 2021 of $ 1.680.000 on 60,000 units. Variable costs totaled $ 1.008.000, and fixed costs totaled $ 560.000 A new raw material is available that will decrease the unit variable costs by 20% (or $3.36). However, to process the new raw material fixed operating costs will increase by $ 112,000 Management feels that one half of the decline in the unit variable costs should be passed on to customers in the form of a sales price reduction. The marketing department expects that this sales price reduction will result in a 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 decimal places, eg. 1,225.) PHAROAH COMPANY CVP Income Statement Total Per Unit $ $ > $