astro company sold 20,000 units of its only product and reported income of $25,000 for the current year. during a planning session for next year’s activities, the production manager notes that variable costs can be reduced 40% by installing a machine that automates several operations. to obtain these savings, the company must increase its annual fixed costs by $241,000. the selling price per unit will not change. astro company contribution margin income statement for year ended december 31 sales ($50 per unit) $ 1,000,000 variable costs ($40 per unit) 800,000 contribution margin 200,000 fixed costs 175,000 income $ 25,000