Required information 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 58,000 units of each product. Income statements for each product follow Sales Variable costs Contribution margin Fixed costs Income Carvings $974,400 229.520 194,380 46.880 $ 148,000 Mementos $974,400 194,880 779,520 631.520 5 148,000 3. Assume that the company expects sales of each product to increase to 72,000 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.) HENNA COMPANY Contribution Margin Income Statement Carvings Mementos Units $ Per unit Total $ Per unit Total 72000 s 5800 $4,176 000 72.000 0 72.000 Total 054176 000 Sales Variable cost Contribution margin Fixed costs Income (loss 0