Zeta Company reports the following information on its 2020 income statement: Sales ($85 per unit) Variable Costs ($37 per unit) Contribution Margin ($48 per unit) Fixed Costs Net Income 80,000 units $ 6,800,000 2,960,000 $ 3,840,000 3,000,000 $ 840,000 Required (show work and clearly label your answer to each part): 1. Calculate breakeven point in units (round to nearest unit). Calculate net income if sales increased by 20% and variable costs decreased by $8 per unit. Calculate operating leverage (round to nearest tenth). 2. 3. 4. Use the operating leverage formula to calculate the net income for Zeta Company If there is a 10% decrease in sales