Seved Chapter 5. Homework Required Information Problem 05-5A Break-even analysis, different cost structures, and Income calculations LO C2, A1, P4 [The following information apples 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 58,000 units of each product. Sales and costs for each product follow Product $974,400 Producto $ 974,600 194, se Sales variable costs Contribution angin Fixed costs Incone before taxes Income taxes (32% rate) Net income 631,520 148.000 $ 100,640 $ 100, Problem 05-5A Part 2 2. Assume that the company expects sales of each product to decline to 41,000 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 cume 32% tax ratel Alto, assume that any loss before taxes yields a 32 tax benefit (Round "per unit answers to 2 decimal places. Enter losses and tax benefits, if any, as negative values.) Forecasted Contribution Margin toome statement