#1 You run a nail salon. Fixed monthly cost is $5,587.00 for rent and utilities, $6,413.00 is spent in salaries and $1,610.00 in insurance. Also every customer requires approximately $3.00 in supplies. You charge $105.00 on average for each service. You are considering moving the salon to an upscale neighborhood where the rent and utilities will increase to $11,083.00, salaries to $6,886.00 and insurance to $2,360.00 per month. Cost of supplies will increase to $8.00 per service. However you can now charge $147.00 per service. At what point will you be indifferent between your current location and the new location?