Question 2 Mirabel Cosmetics manufactures and sells a face cream to small family-run stores in the greater Montreal area. It presents the monthly operating statement of comprehensive income here to Francois Laval, a potential investor in the business. Help Laval understand Mirabel's cost structure. Mirabel Cosmetics Operating Statement of Comprehensive Income For the Month of June 2016 Units sold 10,000 Revenue $100,000 Cost of goods sold: Variable manufacturing costs $55,000 Fixed manufacturing costs 20,000 Total 75,000 Gross margin 25,000 Operating costs: Variable marketing costs 5,000 Fixed marketing costs 10,000 Total operating costs 15,000 Operating income $10,000 Required: 1. Recast the statement of comprehensive income to emphasize contribution margin 2. Calculate the contribution margin percentage and breakeven point in units and revenues forJune 2016. 3. What is the margin of safety (in units) forJune 2016? 4. If sales in June were only 8,000 units and Mirabel's tax rate is 30%, calculate its net income