I've been trying to figure out this problem all day , could I please get some assistance? Thank you again , it's for accounting 2 chapter 21 -4B

Chapter 21 Cost-Volume-Profit Analysis 809 Rivera Co. sold 20,000 units of its only product and incurred a $50,000 loss (ignoring taxes) for the cur- rent year, as shown here. During a planning session for year 2020's activities, the production manager Break-even analysis; Problem 21-4B notes that variable costs can be reduced 50% by installing a machine that automates several operations. To obtain these savings, the company must increase its annual fixed costs by $150,000. The maximum output forecasting income targeting and capacity of the company is 40,000 units per year. C2 P2 A1 Contribution Margin Income Statement For Year Ended December 31, 2019 Sales . . .. .. .. ....... $750,000 Variable costs .. .......... ....... Contribution margin ......... 600,000 Fixed costs .... 150,000 Net loss . . . 200,000 .... $ (50,000) Required 1. Compute the break-even point in dollar sales for 2019. 2. Compute the predicted break-even point in dollar sales for 2020 assuming the machine is installed and no change occurs in the unit selling price. (Round the change in variable costs to a whole number.) 3. Prepare a forecasted contribution margin income statement for 2020 that shows the expected results Check (3) Net income, with the machine installed. Assume that the unit selling price and the number of units sold will not $100,000 change, and no income taxes will be due. 4. Compute the sales level required in both dollars and units to earn $200,000 of target pretax income in (4) Required sales, $916,667 2020 with the machine installed and no change in unit sales price. (Round answers to whole dollars and or 24,445 units (both rounded) whole units.) 5. Prepare a forecasted contribution margin income statement that shows the results at the sales level computed in part 4. Assume no income taxes will be due. Stam Co. produces and sells two products, BB and TT. It manufactures these products in separate factories Problem 21-5B and markets them through different channels, They have no shared costs. This year, the company sold Break-even analysis, 50,000 units of each product. Sales and costs for each product follow. different cost structures, and income calculations Product BB Product TT C2 P4 A1 Sales ....... $800,000 $800,000 Variable costs ... 560,000 100,000 Contribution margin......... . 240,000 700,000 Fixed costs .... 100,000 560,000 Income before taxes. ..... 140,000 140,000 Income taxes (32% rate). ........ .... 44,800 44,800 Net income , .. $ 95,200 $ 95,200 Required 1. Compute the break-even point in dollar sales for each product. (Round the answer to the next whole dollar.) 2. Assume that the company expects sales of each product to decline to 33,000 units next year with no Check (2) After-tax income: change in the unit selling price, Prepare forecasted financial results for next year following the format BB, $39,712, TT, $(66,640) of the contribution margin income statement as shown here with columns for each of the two products (assume a 32%% tax rate and that any loss before taxes yields a 32% tax benefit). 3. Assume that the company expects sales of each product to increase to 64,000 units next year with no (3) After-tax income change in the unit selling prices. Prepare forecasted financial results for next year following the format BB, $140.896, TT, $228,480 of the contribution margin income statement as shown here with columns for each of the two products (assume a 32% tax rate)