Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the cutting process. The following information is available regarding its May inventories.

$\backslash$table$[[,\backslash$table$[[$Beginning$],[$Raw materials inventory$]],\backslash$table$[[$Ending$],[$Inventory$]]],[$Work in process inventory$-$Cutting,$$91,000,$$

Assume that the company expects sales of each product to decline to $41,000$ 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$).$

Note: Round "per unit" answers to $2$ decimal places.

$\backslash$table$[[$HENNA COMPANY$],[$Contribution Margin Income Statement$],[,$Units,Carvings,Mementos,Total$],[,$$ Per unit,Total,$ Per unit,Total$],[,,,,,,],[$Contribution margin$],[],[,,,,,,],[$Income $($loss$),,,,,,]]110,200$