Sunn Company manufactures a single product that sells for $$120$ per unit and whose variable costs are $$132$ per unit. The company's annual fixed costs are $$627,000.$ The sales manager predicts that next year's annual sales of the company's product will be $39,700$ units at a price of $$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.

$\backslash$table$[[$SUNN COMPANY$],[,$Units,S per unit,$],[,,,],[,,,],[,,,],[$Contribution margin,,,$],[,,,],[,,,]]$