XYZ Corp. produces three types of widgets: A, B, and C. The following data is provided for the current financial year:

• Product A: Sales Units - 300,000, Sales Price per Unit - $50, Variable Cost per Unit - $30, Fixed Cost - $5,000,000
• Product B: Sales Units - 200,000, Sales Price per Unit - $75, Variable Cost per Unit - $50, Fixed Cost - $6,000,000
• Product C: Sales Units - 100,000, Sales Price per Unit - $100, Variable Cost per Unit - $70, Fixed Cost - $7,000,000 Requirements:
• Prepare the Income Statement for each product line.
• Calculate the Contribution Margin for each product.
• Determine the Break-Even Point in units for each product.
• Assess the profitability of the company.