V. David Blakeney Inc. has developed the budget for its 2024 year of operation. The budget includes the following: Sales of 100,000 units at $5 per unit Units sold will equal units produced Variable costs for 100,000 units: Direct materials.....$125,000 Direct labor......... 100,000 Variable overhead....30,000 Selling and Admn...... 45,000 Total fixed cost......120,000 The company pays income tax at a rate of 30% 1. What is Blakeney's break-even point, in units and dollars, for next year? 2. Demonstrate that the unit amount reconciles with the dollar amount. 3. What amount of sales revenue would Blakeney need to realize next year in order to generate a net income of $63,000 after taxes? 4. Construct an income statement