Question 4. Cost-Volume-Profit Deniz Company prepared the following income statement for 2019: DENIZ COMPANY Income Statement For the Year Ended December 31, 2019 Sales (48,000 units) $1,728,000 Variable expenses 1,008,000 Contribution margin 720,000 Fixed expenses 390,000 Net income 330.000 Instructions Answer the following independent questions and show computations to support your answers. 1. What is the company's break-even point in units in 2019? 2. How many more units would the company have had to Lell to earn net income of $450,000 in 2019? 3. If the company expects a 22% increase in sales volume in 2020 over 2019, what would be the expected net income in 2020? 4. How much sales (in dollars) would the company have to generate to earn a target net income of $550,000 in 2020