2 Check my work 5 1 points Tommy's Tile Service is planning on purchasing new tile cleaning equipment that will improve their ability to remove tough stains from ceramic tiles. The company's contribution margin is 25% and its current break-even point is $773.200 in sales revenue. Purchasing the new equipment will increase fixed costs by $16,500. Required: 1. Determine the company's current fixed costs. 2. Determine the company's new break-even point in sales. 3. After the purchase of the equipment, how much revenue does the company need to generate a profit of $190.000? 8 04:29:06 Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Hint Determine the company's current fixed costs. References Finced cost 2 Check my work 5 Tommy's Tile Service is planning on purchasing new tile cleaning equipment that will improve their ability to remove tough stains from ceramic tiles. The company's contribution margin is 25% and its current break-even point is $773.200 in sales revenue. Purchasing the new equipment will increase fixed costs by $16.500. Required: 1. Determine the company's current fixed costs. 2. Determine the company's new break-even point in sales. 3. After the purchase of the equipment, how much revenue does the company need to generate a profit of $190.000? points & 01:28:43 Complete this question by entering your answers in the tabs below. eBook Required 1 Required 2 Required 3 Hint After the purchase of the equipment, how much revenue does the company need to generate a profit of $190,000? (Round your answer to the nearest whole dollar.) References Target sales