Required information [ The following information applies to the questions displayed below. ,7 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 60000 units of each product. Income statements for each product follow. Carvings Mementos Sales $ 1,929,999 $ 1,929,999 Vanieble costs 612,666 264,666 Contribution margin 168,666 816,666 Fixed costs 258,666 666,666 Income $ 159,999 $ 159,999 3. Assume that the company expects sales of each product to increase to 74.000 units next year with no change in unit seiling price. Prepare a contribution margin income statement for the next year {as shown above with columns for each ofthe two products). Note: Round "per unit" answers to 2 decimal places. 3. Assume that the company expects sales of each product to increase to 74,000 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). Note: Round "per unit" answers to 2 decimal places. Contribution margin Income (loss)