[The following information applies to the questions displayed below.] Henna Company produces and sells two products, Carvings and Mementos. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 48,000 units of each product. Income statements for each product follow. Carvings Mementos Sales $ 825,600 $ 825,600 Variable costs 577,920 165,120 Contribution margin 247,680 660,480 Fixed costs 113,680 526,480 Income $ 134,000 $ 134,000 2. Assume that the company expects sales of each product to decline to 31,000 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 ea