Tracey Company manufactures and sells a single product. A partially completed schedule of the company's total and per unit costs over a relevant range of 60,000 to 100,000 units produced and sold each year is given below: Units produced and sold 60,000 80,000 100,000 Total costs: Variable costs Fixed costs Total costs: $150,000 360,000 $510,000 $200,000 360,000 $560,000 $250,000 360,000 $610,000 Cost per unit: Variable cost Fixed cost Total cost per unit $2.50 $6.00 $8.50 $2.50 $4.50 $7.00 $2.50 $3.60 $6.10 Required: 1. Complete the schedule above of the company's total and unit costs. 2. Prepare a contribution format income statement for the year given the scenarios below: Sales in units Sales price per unit 90,000 $7.50 100,000 $7.50 90,000 $6.00 120,000 $6.00 Sales Variable expenses Contribution margin Fixed expenses Net operating income (loss) $675,000 225,000 450,000 360,000 $90,000