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Head-First Company plans to sell 5,100 bicycle helmets at $78 each in the coming year. Variable cost is 58% of the sales price; contribution margin is 42% of the sales price. Total fixed cost equals $51,240 (includes fixed factory overhead and fixed selling and administrative expense). Required: 1. Calculate the sales revenue that Head-First must make to break even by using the break- even point in sales equation. 2. Check your answer by preparing a contribution margin income statement based on the break- even point in sales dollars