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1 . Bainbridge Bakeries ( BB ) has a new line of cakes in its product offerings. It is expected that each cake will sell

1. Bainbridge Bakeries (BB) has a new line of cakes in its product offerings. It is expected that each cake will sell for $28.00 and the variable costs per cake will be $12.00. Total fixed operating costs are expected to be $25,000, interest expenses are expected to be $4,500, and BB faces a marginal tax rate of 25%. BB has no preferred stock and expects to sell 5,000 cakes next year. What is BBs Net Income to the nearest cent? Do not enter $ or comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box.
Question 2:
Continue to use the data on Bainbridge Bakeries (BB) from problem 1. What is BBs operating break even point in cakes? Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35 in the answer box.
Question 3:
Continue to use the data on Bainbridge Bakeries (BB) from problem 1. What is BBs operating break even point in dollars to the nearest cent? Do not enter $ or comma in the answer box. For example, if your answer is $12,300.456 then enter as 12300.46 in the answer box.
Question: 4
Continue to use the data on Bainbridge Bakeries (BB) from problem 1. How many cakes would BB need to sell to achieve an EBIT of $50,000? Enter your answer rounded to two decimal places. For example, if your answer is 12.345 then enter as 12.35 in the answer box.

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