Required information The following information applies to the questions displayed below) Astro Co. sold 19,000 units of its only product and incurred a $128,000 loss (ignoring taxes) for the current year, as shown here. During a planning session for year 2020's activities, the production manager notes that variable costs can be reduced 50% by Installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $140,000. The maximum output capacity of the company is 40,000 units per year. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31, 2019 Sales $ 760,000 Variable costs 68,000 Contribution margin 152,000 Fixed costs 280 Dee Net loss $(128,000) 5. Prepare a forecasted contribution margin income statement that shows the results at the sales level computed in part 1. Assume no income taxes will be due (Do not round Intermediate calculations, Round "per unlt answers" to 2 decimal places.) ASTRO COMPANY Forecasted Contribution Margin income Statement For Year Ended December 31, 2020 S Per Unit $ 40.00 Contribution margin 5. Prepare a forecasted contribution margin income statement that shows the results at the sale income taxes will be due. (Do not round intermediate calculations. Round "per unit answers" ASTRO COMPANY Forecasted Contribution Margin Income Statement For Year Ended December 31, 2020 $ Per Unit $ 40.00 Contribution margin 0 Required: 4 + Total Fixed cost + Pretax Income 520000 Sales level required in dollars Contribution margin ratio 60% Sales level re 866666.67 dd + Total Fixed cost + Pretax Income 520000 Sales level required in units Contribution margin per unit 24.00 Sales levels 21666.67 ur +