Please see attached assignment for accounting class need help asap I am struggling.

Assignment #2 - Chapter 5, Case 5-33 The first thing to do is restructure the data into contribution format income statements for each of the three alternatives following the example of the Budgeted Income Statement given. Use the following as a guide: Round the dollar amounts in thousands to make the calculations easier and save time. Round percentages to two decimal places. Hint for #3: concentrate on finding the sales volume where costs before income taxes under the two plans are equal. For #5: please think critically and write two to three decent paragraphs referring to the results in (1) through (4). Points are divided as follows: Income statement paying 15% commission - 13 points Income statement paying 20% commission - 13 points Income statement using own sales force - 15 points 1. 6 points (2 each) 2. 3 points 3. 9 points 4. 6 points (2 each) 5. 10 points CASE 5-33 Cost Structure; Break-Even and Target Profit Analysis [LO5-4, LO5- 5, LO5-6] Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own; rather, it relies completely on independent sales agents to market its products. These agents are paid a sales commission of 15% for all items sold. Barbara Cheney, Pittman's controller, has just prepared the company's budgeted income statement for next year. The statement follows: d As Barbara handed the statement to Karl Vecci, Pittman's president, she commented, \"I went ahead and used the agents' 15% commission rate in completing these statements, but we've just learned that they refuse to handle our products next year unless we increase the commission rate to 20%.\" \"That's the last straw,\" Karl replied angrily. \"Those agents have been demanding more and more, and this time they've gone too far. How can they possibly defend a 20% commission rate?\" \"They claim that after paying for advertising, travel, and the other costs of promotion, there's nothing left over for profit,\" replied Barbara. \"I say it's just plain robbery,\" retorted Karl. \"And I also say it's time we dumped those guys and got our own sales force. Can you get your people to work up some cost figures for us to look at?\" \"We've already worked them up,\" said Barbara. \"Several companies we know about pay a 7.5% commission to their own salespeople, along with a small salary. Of course, we would have to handle all promotion costs, too. We figure our fixed expenses would increase by $2,400,000 per year, but that would be more than offset by the $3,200,000 (20% $16,000,000) that we would avoid on agents' commissions.\" Page 232 The breakdown of the $2,400,000 cost follows