Popular Inc. produces and sells two products. During the most recent month, Pens sales were $24,000 and its variable expenses were $7,920. Pencils sales were $41,000 and its variable expenses were $14,180. The company's fixed expenses were $40,350. Required: a. Prepare a contribution format income statement for the business. b. Determine the overall break-even point for the company in total sales dollars. c. Verify your answer of requirement b by constructing a contribution income statement. (10 marks)