Sunland Company bottles and distributes B-Lite, a diet soft drink. The beverage is sold for 60 cents per 16-ounce bottle to retailers, who charge customers 75 cents per bottle for the year 2020, management estimates the following revenues and costs $1920.000 $147.000 Selling expenses-variable Selling expenses-foxed 410,000 52.000 Sales Direct materials Direct labor Manufacturing overhead -variable Manufacturing overhead-foed 370.000 27.000 Administrative expenses variable Administrative expenses-fixed 390,000 42.400 280,000 Prepare a CVP Income statement for 2020 based on management's estimates. SUNLAND COMPANY CVP Income Statement (Estimated) $ Prepare a CVP income statement for 2020 based on management's estimates. SUNLAND COMPANY CVP Income Statement (Estimated) $ Calculate variable cost per bottle (Round variable cost per bottle to 3 decimal places, es. 0.251) Variable cost per bottle $ Compute the break-even point in (1) units and (2) dollars. (Round answers to decimal places es. 1.225.) (1) Compute the break even point units (21 Compute the break-even point 5 Compute the contribution margin ratio and the margin of safety ratio, (Round variable cost per bottle to 3 decimal places, es 0.25 and final answers to decimal places, es. 25%.) Contribution margintatio X Margin of safety ratio % Determine the sales dollars required to earn net income of $180,000. (Round answer to 0 decimal places, eg 1.225) Required sales dollars $