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CB Markets imports and sells small bear-shaped piñatas. Inplanning for the coming year, the company's owner is evaluatingseveral scenarios. For each scenario under consideration, prepare acontribution margin income statement showing the anticipatedoperating income. Consider each scenario independently. Last year'sincome statement is as follows:TotalPer UnitSales revenue$600,000$12.00Variable expenses?350,000??7.00Contribution margin?250,000$?5.00Fixed expenses?175,000Operating income$?75,000Requireda.The sales price increases by 10% and salesvolume decreases by 5%.b.The sales price increases by 10% and variablecost per unit increases by 5%.c.The sales price decreases by 10% and salesvolume increases by 20%.d.Fixed expenses increase by $20,000.e.The sales price increases by 10%, variablecost per unit increases by 10%, fixed expenses increase by $25,000,and sales volume decreases by 10%.