Question 37 of 41 .../10 PHAN AND NGUYEN LLP Income Statement Year Ending December 31, 2020 Sales (240,000 units) $1.200,000 Cost of goods sold 800.000 Gross pront 400,000 Operating expenses Selling $280,000 Administrative 150,000 430,000 Net loss $130,000 Acost behaviour analysis indicates that 75% of the cost of goods sold is variable, 42% of the selling expenses are variable, and 40% of the administrative expenses are variable. Use the CVP income statement format in calculating profits.) (a) Your answer has been saved. See score details after the due date Calculate the break-even point in total sales dollars and in units for 2020. Round contribution margin per unit to 1 25.contribution P W MacBook Pro 80 398 DO 3 4 5 6 7 B 9 O W E R T Y U 0 S D F G H C V . N.