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Hudson co. reports the contribution margin income statement for 2019. hudson co. contribution margin income statement for year ended december 31, 2019 sales (9,800 units at $280 each) $ 2,744,000 variable costs (9,800 units at $210 each) 2,058,000 contribution margin 686,000 fixed costs 504,000 pretax income $ 182,000 assume the company is considering investing in a new machine that will increase its fixed costs by $41,500 per year and decrease its variable costs by $8 per unit. prepare a forecasted contribution margin income statement for 2020 assuming the company purchases this machine.
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