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Sandhill Seats manufactures swivel seats for customized vans. It currently manufactures 9 , 4 0 0 seats per year, which it sells for $ 5

Sandhill Seats manufactures swivel seats for customized vans. It currently manufactures 9,400 seats per year, which it sells for $500
per seat. It incurs variable costs of $250 per seat and fixed costs of $2,115,000. It is considering automating the upholstery process,
which is now largely manual. It estimates that if it does so, its fixed costs will be $3,199,760, and its variable costs will decline to $130
per seat.
Prepare a single-column CVP income statement assuming that the company invests in the automated upholstery system.
SandhillSeats
CVP Income Statement
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