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1)Presented below is the income statement of KA Corp. Sales $6,000,000 Less: Cost of goods sold 3,400,000 Gross margin $2,600,000 Less: Operating expenses 1,700,000 Net

1)Presented below is the income statement of KA Corp.

Sales

$6,000,000

Less: Cost of goods sold

3,400,000

Gross margin

$2,600,000

Less: Operating expenses

1,700,000

Net income

$900,000

Cost of goods sold consists of $2,400,000 of variable costs and $1,000,000 of fixed costs.

Operating expenses consist of $900,000 of variable costs and $800,000 of fixed costs.

What is the break-even pointin dollars?

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