Harold receives a life annuity from his qualified pension that pays him $5,000 per year for as long as he lives. later this year harold will recover the remainder of his cost of the annuity. which of the following correctly describes how the annuity payments are taxed after harold has recovered the cost of the annuity?

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%.