Shonda & Shonda is a company that does land surveys and engineering consulting. They have an opportunity to purchase new computer equipment that will allow them to render their drawings and surveys much more quickly. The new equipment will cost them an additional $1,200 per month, but they will be able to increase their sales by 10% per year. Their current annual cost and break-even figures are as follows: Units sold Sales price per unit Variable cost per unit Fixed costs Break-even (in units) Contribution margin ratio Break-even (in dollars) Sales Variable costs Fixed costs Net income (loss) Current 1,400 $ 225 $ 145 $ 52,000 650 $ 0.36 $146,250 $315,000 $203,000 $ 52,000 $ 60,000 NOTE: You may want to use one of the EXCEL spreadsheets I provided in the module - Chapter03 CM Income Statement.xlsx or Chapter03 CM Income Statement BE.xlsx to help complete this problem. - The following names are to be considered when completing this problem: Operating Income Variable Costs Sales Fixed Costs per Unit Selling Price per Unit Variable Cost per Unit Contribution Margin Fixed Costs Operating Loss