Crane Inc., management is expecting a new project to start paying off, beginning at the end of next year. Cash flows are expected to be as follows: 0 1 2 3 4 5 $443,676 $484,452 $466,455 $481,326 $524,444 If Crane can reinvest these cash flows to earn a return of 8.8 percent, what is the future value of this cash flow stream at the end of 5 years? What is its present value? (Round answers to 2 decimal places, e. g. 52.75.) Future value $ Present value $

Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.