Walter's Wiggles produces and sells bobbleheads. The selling price of each collectible bobblehead is $80, and the variable cost per bobblehead is $48. Fixed costs are $4,000. Using this data, answer the following questions: P1. What is the break-even point in units and dollars? P2. Create a contribution margin income statement at break-even. P3. If Walter sells 150 bobbleheads, what will be his income? P4. If Walter has a contribution margin of $6,400, how many bobbleheads did he sell? P5. If Walter's fixed costs change to $4,640, how many additional units will he need to sell to break-even?