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Required 1A Required 1B Required 2A Required 2B The company has developed a new product called Samoan Delight that sells for $50 each and has variable expenses of $30 per unit. If the company can sell 12,000 units of Samoan Delight without incurring any additional fixed expenses: Prepare a revised contribution format income statement that includes Samoan Delight. Assume sales of the other two products do not change. Note: Round your "Percentage" answers to 1 decimal place (i.e 0.1234 should be entered as 12.3). Show less A Island Novelties, Incorporated Contribution Income Statement Hawaiian Fantasy Tahitian Joy Samoan Delight Total Amount % Amount Amount Amount Sales $ 680,000 34.0 $ 720,000 36.0 600,000 30.0 $ 2,000,000 100.0 Variable expenses 442,000 22.1 216,000 10.8 360,000 18.0 1,018,000 50.9 Contribution margin $ 238,000 11.9 $ 504,000 25.2 $ 240,000 12.0 982,000 49.1 Fixed expenses 651,900 Net operating income 330,100