This Question: 1 pt 13 of 13 Base Machinery showed the following operating budget for the next year Complete parts (a) through (d) below. Each scenario is independent $2,400,000 Sales Fixed cost Total variable cost Total cost Net income $1,300 000 780,000 2,080,000 $320,000 (a) Calculate the contribution margin and contribution rate. The contribution margin is 5 (Round to the nearest dollar as needed.) The contribution rate is (Round to four decimal places as needed) (b) How much does Base Machinery need to sell to break even? (Round to the nearest dollar as needed, Base Machinery needs to sells (c) If the company has to spend $290,000 on marketing, how much does Base Machinery need to sell to break even? Base Machinery needs to sells (Round to the nearest dollar as needed.) (d) If sales increase by 10%, what would the resulting net income be? The net income would be s (Round to the nearest dollar as needed)