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In: AccountingComplete the multi product contribution margin income statementwith the given information:Net income earnedduring...Complete the multi product contribution margin income statementwith the given information:Net income earnedduring most recent period:$ 65,000Contribution marginratio:15%Fixed costs incurred duringmost recent period:$ 175,000Statutory tax rate:37%Operating income generated atbreakeven:$ - Applicable to the FootballDivisionSelling price perfootball$ 18.00Total variable cost dollarsincurred by Football Division$ 952,088Quantity of footballs soldduring most recent period: 64,000Applicable to the BaseballDivisionVariable cost perbaseball:$ 3.24FootballsBaseballsTotalTotal $$ per UnitSales RatiosTotal $$ per UnitSales RatiosTotal $Sales Ratios*Revenues100%Variable Costs$ 952,088Contribution MarginFixed CostsOperating incomeIncome TaxNet income