Please explain in details since its part of my final. Thank you for your big help.

Bottom's Up method Use the contribution margin statement method shown below to find the breakeven point if Fixed Costs are $175,000, Cost of Goods Sold is 35% and Contribution Margin is 62%. Please fill- in all the missing values. I have filled in some of the values to give you a starting point Contribution Margin Statement Amount in S Amount in % Sales Cost of Goods Sold 35% Other Variable Costs Contribution Margin 62% Do not enter a percentage in this box. Do not enter a percentage in this box. Do not enter a percentage in this box. Do not enter a percentage in this box. Fixed Cost Operating Income Take your time and remember that we are looking for the Break- even Sales number. What is the operating income for Break- even (remember what break-even means) If Fixed Costs increase to $195,000, perhaps due to an advertising campaign or some other promotional activity, what will the NEW BREAK-EVEN sales level be