The following information applies to the questions displayed below. Jetson Co. sold 20,300 units of its only product and incurred a $78,798 loss (ignoring taxes) for the current year as shown here. During a planning session for year 2012's activities, the production manager notes that variable costs can be reduced 50% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $153,000. The maximum output capacity of the company is 40,000 units per year JETSON COMPANY Contribution Margin Income Statement For Year Ended December 31, 2011 Sales Variable costs $767,340 537138 Contribution margin Fixed costs 230,202 309,000 Net loss $ (78,798) 4. Compute the sales level required in both dollars and units to earn $161,000 of after-tax income in 2012 with the machine installed and no change in the unit sales price. Assume that the income tax rate is 30%. (Round your intermediate calculations to 2 decimal places and final answers to the nearest whole number. Omit the "$" sign in your response.) Sales level required in dollars Sales level required in units $ units 5. Prepare a forecasted contribution margin income statement that shows the results at the sales level computed in part 4. Assume an income tax rate of 30%. (Input all amounts as positive values. Round your "Sales level required in units" to nearest whole number. Round your intermediate calculations to 2 decimal places and final answers to the nearest whole number. Omit the "$ sign in your response.) JETSON COMPANY Forecasted Contribution Margin Income Statement For Year Ended December 31, 2012 (Click to select) (Click to select) (Click to select) (Click to select) Click to select) Click to select) Click to select)