Phoenix Company's $2019$ master budget included the following fixed budget report. It is based on an expected production and sales volume of $15,000$ units.

$4.$ An unfavorable change in business is remotely possible; in this case, production and sales volume for the year could fall to $12,000$ units. How much income $($or loss$)$ from operations would occur if sales volume falls to this level? $($Enter any loss with minus sign.$)$

Answer is complete but not entirely correct.

$\backslash$table$[[$PHOENIX COMPANY$],[$Forecasted Contribution Margin Income Statement,$],[$For Year Ended December $31,2019,],[$Sales $($in units$),15,000,12,000],[\backslash$table$[[$Contribution margin $($per$],[$unit$)]],$$$128\mathrm{.}00,$$$128\mathrm{.}00$