Problem 21-5A Break-even analysis, different cost structures, and income calculations LO C2, A1, P4 [The following information applies to the questions displayed below) Henna Co. produces and sells two products. T and O. It manufactures these products in separate factories and markets them through different channels. They have no shared costs. This year, the company sold 60,000 units of each product. Sales and costs for each product follow Product T Producto Sales $1,020,000 $1,020,000 Variable costs 612,000 204,000 Contribution margin 400,000 816,000 Fixed costs 258,000 666,000 Income before taxes 150,000 150,000 Income taxes (35% rate) 52, see 52,500 $ 97,500 97,500 Net income $ Part 2 of 3 2. Assume that the company expects sales of each product to decline to 43,000 units next year with no change in unit selling price Prepare forecasted financial results for next year following the format of the contribution margin income statement as just shown with columns for each of the two products (assume a 35% tax rate). Also, assume that any loss before taxes yields a 35% tax benefit (Round "per unit" answers to 2 decimal places. Enter losses and tax benefits, if any, as negative values.) 12 points HENNA CO Forecasted Contribution Margin Income Statement Product Producto Units $ Per unit Total 5 Per unit Total $ look Total Print Heferences 0 $ 9 ol 0 0 Sales Variable cost Contribution margin Fixed costs Income (Loss) before taxes Income taxes (tax benefit) Net.income (loss) 0 0 0