Question 2-CM and CVP Statement (14 marks) Version A Kindle, Inc. manufactures cosmetic products that are sold through a network of sales agents. The agents are paid a commission of 12% of sales. The income statement for the year ending December 31, 2020, is as follow 10 Sales (10,000 units) KINDLE, INC. Income Statement Year Ending December 31, 2020 $1,250,000 13 11 Cost of goods sold 12 Variable Fixed $600,000 143,500 14 Total COGS 743,500 15 Gross margin 506,500 6 Selling and admin expenses 7 Commissions 150,000 Fixed costs 171,000 Total expenses 321,000 Operating income $185,500 Required: Reformat the income statement to the contribution margin CVP income statement format. how detailed costs. Also prepare the Per unit and % information up to the contribution margin. (9 marks)