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[The following information applies to the questions displayed below.] Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 46,000 units of each product. Income statements for each product follow.

	Carvings	Mementos
Sales	$ 800,400	$ 800,400
Variable costs	640,320	160,080
Contribution margin	160,080	640,320
Fixed costs	32,080	512,320
Income	$ 128,000	$ 128,000

rev: 09_29_2021_QC_CDR-376

2. Assume that the company expects sales of each product to decline to 29,000 units next year with no change in unit selling price. Prepare a contribution margin income statement for the next year (as shown above with columns for each of the two products). (Round "per unit" answers to 2 decimal places.)