Required information {The following information applies to the questions displayed below] Astro Company sold 21.500 units oi its only product and reported income of $68600 forthe current year. During a planning session tor next year's activities. the production manager notes that variable costs can be reduced 47% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $153,000. Total units sold and the selling price per unit will not change. ASTRO COMPANY Contribution Margin Income Statement For Year Ended December 31 Sales ($53 per unit) $ 1,139,500 Variable costs ($46 per unit) 989JBBB Contribution margin 1501500 Fixed costs 81J986 Income $ SSJEBG 1. Compute the breakeven point in dollar sales for next year assuming the machine is installed. Note: Round your answers to 2 decimal places. Contribution margin Contribution margin ratio