The condensed income statement for the Peri and Paul partnership for 2022 is as follows. Peri and Paul Company Income Statement For the Year Ended December 31, 2022 Sales (240,000 units) Cost of goods sold Gross profit $1,200,000 800,000 400,000 Operating expenses Selling $300,000 Administrative 152.500 452,500 Net loss (52,500) A cost behavior analysis indicates that 75% of the cost of goods sold are variable and 40% of the selling expenses are variable. Administrative expenses are $92,500 fixed. Instructions: (Round to nearest unit, cent, and percentage, where necessary. Use the CVP income statement format in computing net income.) a. Compute the break-even point in sales dollars and in sales units for 2022. b. Peri has proposed a plan to get the partnership "out of the red" and improve its profitability. She feels that the quality of the product could be substantially improved by spending $0.32 more per unit on better raw materials. The unit selling price could be increased to $5.25. Peri estimates that sales volume would increase by 25%. Prepare the CVP income statement. Compute net income under Peri's proposal and the break-even point in sales dollars.