Sunn Company manactures a single product that sells for $120 per unit and whose variable costs are $132 per unit. The company's annual fixed costs are \$627,000. The sales manager predicts that next year's annual sales of the company's product will be 39700 units at a price of $197 per unit Variable costs are predicted to increase to $137 per unit, but fixed costs will remain at $627,000. What amount of income can the company expect to earn under these predicted changes? Prepare a contribution margin income statement for the next year