Solve the CVP income statment for 2022 assuming the changes are made as described.

Sandhill Company had sales in 2021 of $1,470,000 on 60,000 units. Variable costs totaled $882,000, and fixed costs totaled $490,000. A new raw material is avaliable that will decrease the unit variablecosts by 20% (or $2.94 ). Howeven, to process the new raw material. fixed operating costs will increase by $98,000. Management feels that one half of the decline in the unit variable costs should be passed on to customers in the form of a sales price reduction. The marketing department expects that this sales price reduction wil result in a 5% increase in the number of units sold. (a) Prepare a projected CVP income statement for 2022, assuming the changes have not been made. (Round per unit cost to 2 decimat ploces, es. 5.25 and all other answers to 0 decimal places, es. 1,225.) (b) Prepare a projected CVP income statement for 2022, assuming that changes are made as described. (Round per unit cost to 2 decinat olaces, e. 5.25 and all other answers to 0 decimat nlaces e e 1225.1